$1,400,000
$1,399,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
9,600 Sqft Lot
SOLD DATE : 11/18/2024
Key Details
Sold Price $1,400,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24138736
Sold Date 11/18/24
HOA Y/N No
Lot Size 9,600 Sqft
Property Description
Now is your opportunity to own 3 quaint ‘Hollywood Bungalows’ on 2 contiguous lots, bordering the trendy and hip Silver Lake community. The two adjacent lots total 9600 sq. ft. of lot size, improved with 3 detached houses. On 2741 Hyans St., there is one 1184 sq. ft. 2 bedroom, 1 bathroom home. Additionally, 2743 Hyans St. is improved by two detached houses. The first is 660 sq. ft., and the second is 605 sq. ft. Both homes have 2 bedrooms and 1 bathroom and are currently tenant occupied (tenants are month to month). The properties are zoned RD2-1 and are in the City of Los Angeles TOC District. The zoning allows for 5 units by right, and 8 units, utilizing the TOC Density Bonus. Additional units, ADUs, or potential lot splits may be available with the SB9 State Law and City ADU Ordinances. This is an exceptional development opportunity in a rapidly expanding, up-and-coming area.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Fireplace No
Exterior
Fence None
Community Features Curbs, Sidewalks, Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Present Use Improved,Residential
Building
Lot Description Level, Rectangular Lot, Street Level, Tear Down, Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5156023019
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Other
Special Listing Condition Standard
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Bought with Zachary King • Keller Williams Realty Calabasas
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Broker Associate | Lic# 00870450