Welcome to an extraordinary development opportunity in Colfax Meadows, one of the best neighborhoods in Studio City! Situated on a generous 6,864 sqft lot, this home, plus a studio/guest house, boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer to maximize the lot and build multiple units. The added convenience of a corner lot enhances the appeal, providing flexibility for design and construction. The existing 2 bedroom, 1 bath home is currently leasing for $2,950, and the studio/guest house is leasing for $1,600. Close to the Farmers Market, Tujunga Village, and Ventura Blvd for shops and restaurants. Located in the coveted Carpenter Community Charter School. TENANT OCCUPIED. PLEASE DO NOT WALK THE PROPERTY.
24387115
Single Family, Traditional, 1 Story
2
Los Angeles
1 Full
1938
0.1576
Acres
1
Other, Stucco
Other
1,178
Sq. Ft.
Bathrooms
1
Total:1
Detailed Room Information
- Laundry
- Inside
Interior Features
- Common Walls
- No Common Walls
- Fireplaces
- None.
Exterior / Lot Features
- Parking
- 2 Parking Spaces. Driveway.
- Exterior
- Stucco, Other
- Roof
- Composition, Shingle
- Pool Description
- None
- Spa
- None
- Zoning
- LARD1.5
- Additional Exterior/Lot Features
- Guest House,.
Financial Considerations
2368014119
Arrows indicate 90 day trend
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