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    1348 N Detroit St

    Los Angeles, CA 90046
    • $2,200,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 21-777664
    UPDATED: 57 min ago
    $2,200,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,037
      SQFT
    • $724
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:
    Area:

    School Ratings & Info

    Description

    GREAT OPPORTUNITY for a BUILDER/DEVELOPER to develop this gorgeous piece of property steps away from Sunset Blvd into a 7-9 units building with underground parking in the hearth of Hollywood similar or better to the adjacent building. Few undeveloped properties left on the street. The value of this property is in its future building potential however you can keep it rented as a duplex while applying and obtaining the necessary plans/permits to cover your expenses. Pictures are renderings only. Front unit has been left purposely vacant during the sale.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-22T10:42:34.293. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.desertarealuxuryhomes.com/homes/120904916
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    1348 N Detroit St Los Angeles, CA 90046

    • Price: $2,200,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 21-777664
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,037
    SQFT
    $724
    $/SQFT
    1917
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    GREAT OPPORTUNITY for a BUILDER/DEVELOPER to develop this gorgeous piece of property steps away from Sunset Blvd into a 7-9 units building with underground parking in the hearth of Hollywood similar or better to the adjacent building. Few undeveloped properties left on the street. The value of this property is in its future building potential however you can keep it rented as a duplex while applying and obtaining the necessary plans/permits to cover your expenses. Pictures are renderings only. Front unit has been left purposely vacant during the sale.
    Exterior Features

    Lot Size Area 6723 Other Structures Other Parking Garage Circular DrivewayDirect Entrance Pool Description In Ground Pool YN Yes Total Parking 3

    Interior Features

    Baths Total 4.00 Cooling Central Equipment DishwasherDryerMicrowaveWasherRefrigeratorRange/Oven Heating Central

    Property Features

    Assessed Total Value 1850958 Gross Income 113064 Gross Operating Income 113064 Land Lease Type Fee Like Units1 1 Like Units2 2 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 7200 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Adrian Berari DRE#01941858 of Adrian Berari, Broker.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-22T10:42:34.293. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260