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3309 Ellsworth Street
USD 2,350,000
Property ID: SB23012491
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3309 Ellsworth Street ,90026
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icon 9920 SqFt
icon Built in 1929
icon USD 237/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
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Bathrooms
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Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1929
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Detailed Introduction Of This Home
Six units on huge 9,920 sf lot. LOCATION, LOCATION! Extraordinary opportunity for development or investment! This Silver Lake neighborhood has begun an early, entry-level phase of gentrification (last month Target & CVS opened several blocks away), providing real estate-savvy investors with a potential excellent short-term or long-term upside investment opportunity. Prime corner lot location in a quiet residential Silver Lake neighborhood with relaxed traffic flow and uncongested streets, creating a comfortable an desirable living environment. Property is on the NW corner of Ellsworth St. & Robinson St. Six units in two buildings – 6,928 sf. One building has (2) three bedroom, two bath units. Second building has (2) two bedroom, one bath units and (2) one bedroom, one bath units. **INVESTORS** This six-unit income property has well below market rents, presenting significant upside rent potential. **DEVELOPERS** Potential Small Lot Development, similar to recent, nearby developments on Hyperion Ave. and Lucile Ave. Check with city as to the viability and possibility of Small Lot Development. As a possible development opportunity, buyer must verify ability to build to their own satisfaction. Buyer can purchase this property now for income/investment, develop the property themselves in the future or sell to a developer in the future.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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3309 Ellsworth Street
USD 2,350,000 0 Beds
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