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2648 Brighton Avenue, Los Angeles, CA 90018

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For Sale

$1,190,000

5 beds2 baths2,425 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • $490.72
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This property presents an exciting development opportunity in the highly sought-after Mid City area, just minutes from USC. The lot, spanning 7,100.1 square feet, is zoned RD1.5-1, making it ideal for a variety of residential projects. Currently, the property includes a two-story building with 5 bedrooms and 2 bathrooms, currently being operated as a short-term rental. The building will be delivered vacant, allowing the new owner to either continue generating Airbnb income or begin their development plans immediately. Please note, there are tenants on-site, so showings are by appointment only. The lot features an accessible alley, providing easy access for future construction. The property offers two potential development plans. The first option involves converting the existing building into a 6-bedroom, 5-bathroom single-family home, which could be rented out by the bedroom. In the backyard, a 4-story triplex could be constructed, offering 21 bedrooms and 21 bathrooms, bringing the total to 27 bedrooms and 26 bathrooms. Alternatively, the second plan proposes building a 4-story duplex in the rear, with 26 bedrooms and 26 bathrooms, resulting in a total of 32 bedrooms and 31 bathrooms. With its prime location near USC and its significant development potential, this property offers an incredible opportunity for investors and developers looking to capitalize on the growing demand for student housing in the area.
MLS# SR24234359

Courtesy Of Keller Williams Realty Studio City

(818) 432-1500

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Victorian
  • Cooling System
    None
  • Exterior Type
    Concrete, Glass, Wood Siding
  • Rooms
    Kitchen

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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