Description
HUGE PRICE REDUCTION OF $100,000! ATTENTION INVESTORS! Here's a Great Value with incredible potential for Development or Renovation! Must See this possible Teardown Home with Site located on Vista Street in West Hollywood and offering a spacious 6,433 sq Ft Lot that is zoned for a Medium Density Multi-Family Complex. This 1924 built home is situated directly between a 10 unit Apartment Building on one side and a very trendy/contemporary 5 unit, 3 level condominium complex built in 2008 on the other side. Vista Street itself is a uniquely wide and open residential street that is just South of Santa Monica Blvd and East of Fairfax Avenue. This neighborhood offers its residents a HAPPENING LIFESTYLE located in close proximity to Trendy Melrose Avenue, The Grove, Upscale Dining, Shopping, Clothing Boutiques, and so much more! Presently, the Single Family 1920’s Home on the site features 2 bedrooms, 2 baths and a detached 2 car garage at the rear of the property. This is a must see for Developers that recognize higher sale and rental values within this highly popular West Hollywood vicinity. Some investor options may include: 1) Renovating and Keeping as a vintage 1920's Single Family Home. 2) Converting to a Duplex or Triplex. 3) Demolition and Rebuilding to a multi-level 4 or 5 unit condo complex which is subject to verification of zoning and permit processes. Title shows Zoning as WDR3C*. This highly desirable location offers the right investor an opportunity to build, or renovate and cash-in on the finished project. Come drive by and see this unique opportunity for yourself … as seeing is believing!
