Listing provided courtesy of Daniel Portillo of eXp Realty of California, Inc.. Last updated 2024-05-17 08:12:30.000000. Listing information © 2023 CRMLS.
Asking Price: $749,000
4913 Lynnfield, Los Angeles CA 90032
Community: 621 - El Sereno
Status: Active
This Single Family Residence property was built in 1926 and is priced at $749,000. Please see the additional details below.
A wonderful opportunity awaits in one of the highly sought after neighborhoods in the vibrant Northeast LA! The property features a recently remodeled 1 bedroom, 1 bath home, plus a lower level that already started and mostly completed finishings for a JRADU unit, there are must a few items needed to wrap up permitting for this unit. In addition, there is also RTI plans approved by the city included and ready for you to build a detached ADU unit. This property offers tremendous potential for an owner-user with tons of potential for market rents to help subsidize your mortgage or makes for an ideal rental investment for the investor looking to capture tremendous equity build up with the value-add of 2 additional units and excellent performing cap rate with 3 units at market rent. Conveniently located within minutes to DTLA, USC medical Ctr, Pasadena, Glendale, and minutes from the trendy Fig & York corridor in Northeast LA!
