2815 Southwest DR Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90043
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,765 sqft
Price per Sqft $252
MLS Listing ID 25613287
Bedrooms 2
Full Baths 1
Year Built 1923
Lot Size 4,804 Sqft
Property Sub-Type Single Family Residence
Property Description
Tremendous Live/Work opportunity in heart of Hyde Park, adjacent to the 5.5 mile Rail-to-Rail path. A $143 Million project investment into the community, which triggered favorable and flexible zoning with more density allowed. This offering features a wood-frame stucco house on a raised foundation situated on a 4,805 square foot lot, its the lowest price per square foot on improvement in all of South LA {$252.80}. The single-family house is approximately 1,085 square feet with two bedrooms and one full bathroom, with a bonus room for a potentially a third bedroom. The house features a spacious living with a semi open layout to a large kitchen area. It also has ADU potential of converting existing rear garage into an ADU while keeping the warehouse component. It has a new 200 AMP electrical panel, newer double pane windows, roof, plumbing, upgraded plumbing, kitchen cabinets, furnace, water heater, washer/dryer hook ups, and driveway which could park up to 4 vehicles. The property is completely fenced and gated, it also includes a yard behind the garage. There is a massive garage/warehouse component attached the single-family home. This rear garage/warehouse building has generous ceiling height it's approximately 1,680 total square foot, with 16-foot ceilings and 8'5" X 8'5" ground-level roll up door plus a standard door for ingress/egress. This is rare opportunity to acquire an ideal live/work building with highly leverage financing. A Buyer could purchase these live/work structures with a first time Buyer residential loan, with fixed financing and a low-down payment looking at this opportunity from a residential perspective. On the other hand, the rear structure is more than 51% of the rentable square footage. SBA loan is a potential loan opportunity to purchase this building with 10% down payment, if a Buyer can demonstrate they will be using the rear building for this business. This is perfect for any light industrial user such as a woodworker, auto related use or artistic with an open canvass ready to customize to suit their business needs.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning CM-1LD-CPIO
Interior
Flooring Vinyl
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Concrete,Garage,Tandem
Fence Block,Chain Link,Privacy,Wrought Iron
Pool None
Community Features Gated
Utilities Available Overhead Utilities
View Y/N Yes
Roof Type Composition,Shingle
Building
Lot Description Back Yard,Front Yard,No Landscaping,Rectangular Lot,Value In Land
Story 1
Foundation Raised
Sewer Other
New Construction No
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard