Listing provided courtesy of RICHARD TAMAYO of TAMAYO & ASSOC. R.E.. Last updated 2024-11-23 09:15:49.000000. Listing information © 2024 CRMLS.
Asking Price: $769,000
1532 22nd, Los Angeles CA 90007
Community: C34 - Los Angeles Southwest
Status: Pending
This Single Family Residence property was built in 1903 and is priced at $769,000. Please see the additional details below.
Home Improvement, Paint Won't Do It. This excellent opportunity to purchase this property walking distance to The University of Southern California (USC) is a rare opportunity. The property has approved plans for a 4-bedroom 2-bathroom home single level and a fully approved ADU on the side. Seller demolished the interior and removed all the debris and has secured post and piers no foundation issues, subfloors and interior framing have been completed showing a four-bedroom two full bath home according to approved plans. This property is suitable for a professional contractor or investor with the skills to bring this home back to life. The upside on this property is excellent and investors that work the area know what the resale values are being so close to USC. Now let's go one step further the "SELLER WILL CARRY BACK A FIRST TRUST DEED" up to 18 months what a savings. This means you can close fast and start working on the project immediately and save a ton of money. Don't let these old pictures fool you this is a must see for any professional investor.