Great development or value-add reposition opportunity. The subject single family home can be torn down and replaced with a new luxury duplex in the prestigious Hancock Park adjacent neighborhood. Or, add existing square footage to the current single family and either move-in or flip for a profit. The zoning would also allow you to improve the existing house and add an additional guest-house unit. Close to Los Angeles High School, Queen Anne Recreational Center, Midtown Shopping Center, the Marciano Art Foundation and the Wilshire Ebell Theatre. Also close proximity to the proposed Wilshire La Brea Purple Line Metro Stop.
Showing Remarks : Drive by only. This property is land value only — home is a tear-down.