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Listed by Brent Ballard • eXp Realty of Greater Los Angeles
$1,149,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-25132
Lot Size 0.252 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Unlock a rare opportunity in one of the most desirable pockets of the Foothills. Just minutes from vibrant downtown Montrose and approximately 15 minutes from downtown Los Angeles, this duplex sits on a highly versatile lot with the potential to expand to 4-6 units (buyer to verify).
The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.
Opportunities in locations this strong—paired with true upside potential—do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.
The existing structures are in need of renovation, making this an ideal value-add project for investors, developers, or builders looking to capitalize on strong rental demand and a rapidly appreciating area. With flexible zoning, excellent frontage, and a neighborhood known for its walkability, dining, and boutique retail, this property offers the perfect foundation for a profitable redevelopment or long-term hold.
Opportunities in locations this strong—paired with true upside potential—do not come around often. Bring your vision and transform this underutilized duplex into a high-performing multi-unit asset.
Location
State CA
County Los Angeles
Area 635 - La Crescenta/Glendale/Montrose/Sparrhgts
Zoning R3
Exterior
Community Features Foothills, Suburban, Valley
View Y/N No
View None
Building
Lot Description Sprinklers None
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Nearby Locations
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Naghmeh Keyvani
Broker Associate License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823