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Rachell Lara

rachell@laraandco.com +1(619) 316-7445

$ 749,000

Est. payment | -/mo

3 Beds

3 Baths

2,634 SqFt

Save

$ 749,000

Est. payment | -/mo

Save

3 Beds

3 Baths

2,634 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,634 sqft

Price per Sqft $284

MLS Listing ID 26867757

Bedrooms 3

HOA Y/N No

Year Built 1948

Lot Size 6,006 Sqft

Property Description

Major Upside & Value-add investment opportunity; this property comes with approved plans and an issued building permit for a new approx 1,024-sqft, 3-bed, 2-bath ADU above the existing garage. The permit has been issued and fees paid, allowing the new owner to move forward with construction. The project requires no change to the existing parking, hardscape or landscaping. 8719 Orchard St. currently consists of 3 one-bedroom units, with one unit vacant at close and ready for an owner-user, new tenant or renovation. Once completed, the property will offer 4 total residential units and an opportunity to increase rental income and long-term value. Adu is also perfect for an owner user. A rare chance to acquire an existing triplex with a permitted expansion opportunity already in place. Property is being sold at a lower price than the seller paid.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Flooring Tile

Fireplaces Type None

Fireplace No

Appliance Disposal, Vented Exhaust Fan

Exterior

Parking Features Assigned, Door-Multi, Driveway, Garage, On Street

Garage Spaces 3.0

Garage Description 3.0

Pool None

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 3

Private Pool No

Building

Faces East

Entry Level One

Sewer Other

Architectural Style Cottage

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6038017036

Financing Cash

Special Listing Condition Short Sale

CRMLS Full IDX Feed (MAIN Website Search)

Listed by James Ward Forward Real Estate #00989094

NEARBY SCHOOL & BUSINESS

+1(619) 316-7445

rachell@laraandco.com

1420 Kettner Blvd. # 100, Diego, CA 92101, USA

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San Diego Cities & Communities

8719 Orchard AVE Los Angeles, CA 90044