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Tricia Mcmullan

tricia.mcmullan@redfin.com +1(626) 318-7433

$ 720,000

Est. payment -/mo

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Active Under Contract

1725 S Highland AVE Los Angeles, CA 90019

3 Beds

2 Baths

1,254 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,254 sqft

Price per Sqft $574

MLS Listing ID 26873797

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1938

Lot Size 5,000 Sqft

Property Sub-Type Single Family Residence

Property Description

ATTENTION INVESTORS, BUILDERS AND DEVELOPERS! Probate investment opportunity with tremendous value-add and redevelopment potential in the heart of Los Angeles. The property features a 3-bedroom, 2-bath residence with approximately 1,254 square feet of living space on an approximately 5,001-square-foot lot.An additional permitted bonus room, created through a garage conversion, offers flexible space for a workshop, creative studio, home office or other permitted use. The bonus room may also present an opportunity for conversion or expansion into an ADU, subject to plans, permits and City approval. Investors may renovate and resell the existing improvements or explore the property's broader development potential. The lot is reportedly zoned LARD1.5, which may allow multiple residential units and could potentially accommodate a duplex, triplex or other small multifamily development. Buyers must independently verify the existing permits, bonus-room status, zoning, allowable density, ADU eligibility and all redevelopment possibilities with the City of Los Angeles. The property has substantial deferred maintenance and is ready for an experienced investor with vision. Probate sale with FULL AUTHORITY court confirmation is NOT required. Sold strictly AS IS in its present condition, with no seller repairs or credits. Due to its current condition, the property will not qualify for conventional financing. ALL-CASH OFFERS ONLY. Seller is seeking a strong, non-contingent offer and a quick, reliable closing. Renovate, repurpose or redevelop this property offers numerous possibilities.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms Guest House

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Exterior

Parking Features Driveway

Pool None

View Y/N Yes

Private Pool No

Building

Entry Level One

Architectural Style Traditional

Level or Stories One

Additional Building Guest House

New Construction No

Others

Senior Community No

Tax ID 5067004006

Special Listing Condition Probate Listing

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ricardo Curtis Jacob, Christopher & Lee Rlty #01464851