821 North Avenue 50 Los Angeles, CA

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Home For Sale In Los Angeles, California

Price: $899,000
Address: 821 North Avenue 50
City: Los Angeles
State: CA
Zip:
Amenities: Parking,Storage
Bathrooms: 3
Bedrooms: 3
Condition: Resale
Fee: No
Seller Type: Agent/Broker
Provided By: RealtyWW

Description:

PLEASE READ CAREFULLY: FIXER ALERT! EXPERIENCED CASH/HARD MONEY BUYERS ONLY. This property is an existing house with an unpermitted ADU. It currently has a notice of substandard from 2017 affecting the title, which will prevent it from qualifying for traditional financing. The assessor shows the total SF to be 732 SF. The owner has plans to legalize everything, which when completed, will result in the front house being a legal 1, 588 SF 2Br+2Ba House, a detached 1Br+1Ba ADU of 759 SF, plus a 2 car garage of 396 SF, and a 200 SF storage room. (Total SF of 2, 547 SF excluding the garage). Everything will be delivered 100% VACANT. This property is located on Ave 50, but the rear of the property has access via El Paso, and there are two driveways, making this a perfect SFR+ADU set up. Potential to have private, separate residences independent of one another. There is tons of money to be made here for the right buyer with a vision! Contact listing agent for more info, renderings, etc.

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