2815 Southwest DR Open House

Los Angeles,CA 90043

$ 699000

2 Beds

1 Bath

2765 SqFt


OPEN HOUSE

Sun Nov 02, 11:00am - 2:00pm 

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,765 sqft

Price per Sqft $252

MLS Listing ID 25613287

Bedrooms 2

Full Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2017

Lot Size 4,804 Sqft

Lot Dimensions Assessor

Property Sub-Type Single Family Residence

Property Description

Tremendous Live/Work opportunity in heart of Hyde Park, adjacent to the 5.5 mile Rail-to-Rail path. A $143 Million project investment into the community, which triggered favorable and flexible zoning with more density allowed. This offering features a wood-frame stucco house on a raised foundation situated on a 4,805 square foot lot, its the lowest price per square foot on improvement in all of South LA {$252.80}. The single-family house is approximately 1,085 square feet with two bedrooms and one full bathroom, with a bonus room for a potentially a third bedroom. The house features a spacious living with a semi open layout to a large kitchen area. It also has ADU potential of converting 445 SF existing rear garage into an ADU while keeping the warehouse component. It has a new 200 AMP electrical panel, newer double pane windows, roof, plumbing, upgraded plumbing, kitchen cabinets, furnace, water heater, washer/dryer hook ups, and driveway which could park up to 3 vehicles. The property is completely fenced and gated, it also includes a yard behind the garage. There is a massive garage/warehouse component attached the single-family home. This rear garage/warehouse building has generous ceiling height it's approximately 1,680 total square foot, with 16-foot ceilings and 8'5" X 8'5" ground-level roll up door plus a standard door for ingress/egress. This is rare opportunity to acquire an ideal live/work building with highly leverage financing. A Buyer could purchase these live/work structures with a first time Buyer residential loan, with fixed financing and a low-down payment looking at this opportunity from a residential perspective. On the other hand, the rear structure is more than 51% of the rentable square footage. SBA loan is a potential loan opportunity to purchase this building with 10% down payment, if a Buyer can demonstrate they will be using the rear building for this business. This is perfect for any light industrial user such as a woodworker, auto related use or artistic with an open canvass ready to customize to suit their business needs.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning CM-1LD-CPIO

Interior

Interior Features Ceiling Fan(s),Eat-in Kitchen

Flooring Vinyl

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Laundry Inside

Exterior

Parking Features Concrete,Garage,Tandem

Fence Block,Chain Link,Privacy,Wrought Iron

Pool None

Community Features Gated

Utilities Available Overhead Utilities

View Y/N Yes

Roof Type Composition,Shingle

Accessibility None

Porch None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Back Yard,Front Yard,No Landscaping,Rectangular Lot,Value In Land

Faces South

Story 1

Entry Level One

Foundation Raised

Sewer Other

Architectural Style Ranch

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 4007019026

Security Features Gated Community

Special Listing Condition Standard

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