Description
**OPPORTUNITY AWAITS** (Two) 7,200 square feet lots/parcels assigned to (One) address with frontage on two streets- 48th St and Victoria Ave. An AMAZING View Park rare value add opportunity to develop on one lot and renovate or develop on the second lot!!. These 2 lots, combined total 14,400 square feet for a corner estate is situated above the street. NOTE: SOLD TOGETHER. APN: 5013-011-023 (48th St frontage includes an existing 2-story dwelling) and APN: 5013-011-024 (Victoria Ave frontage -includes a pool and 2 garages). Transform this land into definite upside value. Enter an oasis of an era gone by, secluded behind a tall, gated brick wall. Brick walkway pavers lead to the courtyard paved entrance of a very welcoming COVERED PORCH providing the perfect shelter from the elements. A Spanish Colonial Revival 3,388 sf 2-story home located on a 7,200 sf lot APN: 5013-011-023 comprises 4-bedrooms, 4-bathrooms with dual zone central heating and air conditioning on both levels of the home. Enter the foyer and view the grand hearth in the distance inclusive of a WOOD-BURNING FIREPLACE. Take a STEP-UP, into the living room, onto classic wide HARDWOOD planks and you're drawn to the VAULTED ceiling with exposed artisan wood beams with wrought iron strappings! This great room boast a WROUGHT IRON STAIRCASE RAILING projecting from the second-floor hall entrance. From the living room STEP-UP to an ARCHED pass-thru into a formal dining room with COVED CEILING, SALTILLO TILE flooring and natural lighting. A hallway leads to the curated location for a bedroom and full bathroom GUEST SUITE. The full kitchen serves as the HUB: connecting to the formal dining room, connecting to a NATURAL LIGHT filled breakfast/family room with FRENCH exit doors, also connecting to the laundry room. Beyond the laundry you will find a rear bedroom with an adjacent separate bathroom. The upstairs hall leads to an office/bedroom with a joining SUNROOM providing potential tree top and DTLA views. The West Wing offers a well-appointed primary EN-SUITE complete with jetted tub, separate shower and (2) wall to wall closets. A full sized bathroom and additional bedroom are hallway accessible. The basement houses a water heater, sump pump and HVAC. An upper attic serves as a BONUS ROOM with HVAC access. The 2nd 7,200 sf lot APN 5013-011-024 is a virtual blank canvas with a pool, cabana, outdoor bathroom, BRICK BARBEQUE GRILL, 2 DETACHED GARAGES, pool equipment housing, and a long driveway and spacious area for al fresco dining and entertaining. INVESTORS Bring your designers and contractors to reimagine this terrific .33517 acre location in a neighborhood booming with new construction and renovated homes. In walking distance of the METRO K LINE. Resident neighbors adore the opportunity to WALK THE HILLS of VIEW PARK FOR FITNESS, SCENERY OR RECREATION. Centralized, to LAX, Downtown L.A., Culver City and Inglewood. Within minutes to Sofi Stadium, Jon & Vinny's, Hilltop coffee, Rueben Ingold walk park and the upcoming Baldwin Vista COSTCO to name a few. Verify building allowance for R1 zoned parcels as well as SB9 with The Regional Planning Dept. of L.A. County. PLEASE NOTE THE FOLLOWING: 1) Do not disturb occupant. 2) Seller selects all services. SOLD AS IS. No BLIND OFFERS. Buyer must tour property by appointment prior to submitting an offer! We make no warranties, expressed or implied as to the accuracy of the information. References to square footage are approximate. Buyer must verify the above information and bear all risks for any inaccuracies. The property for sale includes (two) 7,200 sf lots with (two) APN 5013-011-023 and 5013-011-024 : Total square footage per assessors records for both lots is 14,400 SF. Showings by appointment with 24 hour notice.
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4BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
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3,388SQFT
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$620$/SQFT
School Ratings & Info
Description
**OPPORTUNITY AWAITS** (Two) 7,200 square feet lots/parcels assigned to (One) address with frontage on two streets- 48th St and Victoria Ave. An AMAZING View Park rare value add opportunity to develop on one lot and renovate or develop on the second lot!!. These 2 lots, combined total 14,400 square feet for a corner estate is situated above the street. NOTE: SOLD TOGETHER. APN: 5013-011-023 (48th St frontage includes an existing 2-story dwelling) and APN: 5013-011-024 (Victoria Ave frontage -includes a pool and 2 garages). Transform this land into definite upside value. Enter an oasis of an era gone by, secluded behind a tall, gated brick wall. Brick walkway pavers lead to the courtyard paved entrance of a very welcoming COVERED PORCH providing the perfect shelter from the elements. A Spanish Colonial Revival 3,388 sf 2-story home located on a 7,200 sf lot APN: 5013-011-023 comprises 4-bedrooms, 4-bathrooms with dual zone central heating and air conditioning on both levels of the home. Enter the foyer and view the grand hearth in the distance inclusive of a WOOD-BURNING FIREPLACE. Take a STEP-UP, into the living room, onto classic wide HARDWOOD planks and you're drawn to the VAULTED ceiling with exposed artisan wood beams with wrought iron strappings! This great room boast a WROUGHT IRON STAIRCASE RAILING projecting from the second-floor hall entrance. From the living room STEP-UP to an ARCHED pass-thru into a formal dining room with COVED CEILING, SALTILLO TILE flooring and natural lighting. A hallway leads to the curated location for a bedroom and full bathroom GUEST SUITE. The full kitchen serves as the HUB: connecting to the formal dining room, connecting to a NATURAL LIGHT filled breakfast/family room with FRENCH exit doors, also connecting to the laundry room. Beyond the laundry you will find a rear bedroom with an adjacent separate bathroom. The upstairs hall leads to an office/bedroom with a joining SUNROOM providing potential tree top and DTLA views. The West Wing offers a well-appointed primary EN-SUITE complete with jetted tub, separate shower and (2) wall to wall closets. A full sized bathroom and additional bedroom are hallway accessible. The basement houses a water heater, sump pump and HVAC. An upper attic serves as a BONUS ROOM with HVAC access. The 2nd 7,200 sf lot APN 5013-011-024 is a virtual blank canvas with a pool, cabana, outdoor bathroom, BRICK BARBEQUE GRILL, 2 DETACHED GARAGES, pool equipment housing, and a long driveway and spacious area for al fresco dining and entertaining. INVESTORS Bring your designers and contractors to reimagine this terrific .33517 acre location in a neighborhood booming with new construction and renovated homes. In walking distance of the METRO K LINE. Resident neighbors adore the opportunity to WALK THE HILLS of VIEW PARK FOR FITNESS, SCENERY OR RECREATION. Centralized, to LAX, Downtown L.A., Culver City and Inglewood. Within minutes to Sofi Stadium, Jon & Vinny's, Hilltop coffee, Rueben Ingold walk park and the upcoming Baldwin Vista COSTCO to name a few. Verify building allowance for R1 zoned parcels as well as SB9 with The Regional Planning Dept. of L.A. County. PLEASE NOTE THE FOLLOWING: 1) Do not disturb occupant. 2) Seller selects all services. SOLD AS IS. No BLIND OFFERS. Buyer must tour property by appointment prior to submitting an offer! We make no warranties, expressed or implied as to the accuracy of the information. References to square footage are approximate. Buyer must verify the above information and bear all risks for any inaccuracies. The property for sale includes (two) 7,200 sf lots with (two) APN 5013-011-023 and 5013-011-024 : Total square footage per assessors records for both lots is 14,400 SF. Showings by appointment with 24 hour notice.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-09-25T23:42:39.267. 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.