$750,000
$600,000
25.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,079 SqFt
SOLD DATE : 12/01/2023
Key Details
Sold Price $750,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,079 sqft
Price per Sqft $695
MLS Listing ID SB23198603
Sold Date 12/01/23
Style Detached
Bedrooms 3
Full Baths 1
Construction Status Fixer,Repairs Cosmetic,Repairs Major
HOA Y/N No
Year Built 1950
Lot Size 5,870 Sqft
Acres 0.1348
Property Description
This classic California bungalow on an R-2 lot owned by the same family for 70 years is now ready for you to reimagine. The potential of this property is astonishing with the possibility of constructing up to 4 units here! You could build sweat equity by fixing up the existing house and personalizing it to make it home, land banking it for future use. The sweet white picket fence leads to an inviting front porch entry. Step inside to the generous living room with dining space which connects to the sunny eat-in kitchen that opens out to the backyard. The 3 bedrooms are together on the other side of the home connected by the hall which provides a full bathroom as well as a laundry closet. Enjoy the spaciousness of the 5,870 square foot lot with plenty of room for loved ones or pets to play. You could add a second unit in the back or even start fresh by building a new construction 2 on-a-lot development. The Lawndale Planning Department advised that as many as 4 units may possibly be built here, including 1 ADU and 1 JADU! Then you could resell or house hack by living in 1 home and renting out the other 3, having the tenants pay down your mortgage. Conveniently located close to a variety of restaurants and shops with easy freeway access, just down the street from Redondo Beach, Manhattan Beach, and Hermosa Beach. Enjoy living in the heart of the South Bay or build this property out so multiple households can!
This classic California bungalow on an R-2 lot owned by the same family for 70 years is now ready for you to reimagine. The potential of this property is astonishing with the possibility of constructing up to 4 units here! You could build sweat equity by fixing up the existing house and personalizing it to make it home, land banking it for future use. The sweet white picket fence leads to an inviting front porch entry. Step inside to the generous living room with dining space which connects to the sunny eat-in kitchen that opens out to the backyard. The 3 bedrooms are together on the other side of the home connected by the hall which provides a full bathroom as well as a laundry closet. Enjoy the spaciousness of the 5,870 square foot lot with plenty of room for loved ones or pets to play. You could add a second unit in the back or even start fresh by building a new construction 2 on-a-lot development. The Lawndale Planning Department advised that as many as 4 units may possibly be built here, including 1 ADU and 1 JADU! Then you could resell or house hack by living in 1 home and renting out the other 3, having the tenants pay down your mortgage. Conveniently located close to a variety of restaurants and shops with easy freeway access, just down the street from Redondo Beach, Manhattan Beach, and Hermosa Beach. Enjoy living in the heart of the South Bay or build this property out so multiple households can!
Location
State CA
County Los Angeles
Area Lawndale (90260)
Zoning LNR2YY
Interior
Flooring Carpet
Equipment Dishwasher, Double Oven, Gas Stove
Appliance Dishwasher, Double Oven, Gas Stove
Laundry Closet Stacked, Inside
Exterior
Garage Spaces 2.0
Total Parking Spaces 4
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Architectural Style Craftsman/Bungalow
Level or Stories 1 Story
Construction Status Fixer,Repairs Cosmetic,Repairs Major
Others
Acceptable Financing Cash To New Loan
Listing Terms Cash To New Loan
Special Listing Condition Probate Sbjct to Overbid
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Bought with Jacqueline Donell • Bayside