2648 Brighton Avenue

Los Angeles, CA 90018

$1,250,000

List Price

5

bed Beds

2

shower Baths

2,425 sqft

straighten / sqft

1903

calendar_month Built

Property Description

This property presents an exciting development opportunity in the highly sought-after Mid City area, just minutes from USC. The lot, spanning 7,100.1 square feet, is zoned RD1.5-1, making it ideal for a variety of residential projects. Currently, the property includes a two-story building with 5 bedrooms and 2 bathrooms, currently being operated as a short-term rental. The building will be delivered vacant, allowing the new owner to either continue generating Airbnb income or begin their development plans immediately. Please note, there are tenants on-site, so showings are by appointment only. The lot features an accessible alley, providing easy access for future construction. The property offers two potential development plans. The first option involves converting the existing building into a 6-bedroom, 5-bathroom single-family home, which could be rented out by the bedroom. In the backyard, a 4-story triplex could be constructed, offering 21 bedrooms and 21 bathrooms, bringing the total to 27 bedrooms and 26 bathrooms. Alternatively, the second plan proposes building a 4-story duplex in the rear, with 26 bedrooms and 26 bathrooms, resulting in a total of 32 bedrooms and 31 bathrooms. With its prime location near USC and its significant development potential, this property offers an incredible opportunity for investors and developers looking to capitalize on the growing demand for student housing in the area.

Listing Information

List Price $1,250,000
Status Active
MLS SR24234359
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1903
Lot Size 7,102
Structure Size 2,425
DOM 1
Courtesy Of Keller Williams Realty-Studio City
Listing Agent George Kpachavi DRE#01839703
Co-Listing Agent Edwin Billones DRE#01018335

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 2
Fireplace Information
Features Living Room
Additional Information
Additional Features Eat-in Kitchen
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features Front Porch, Porch
View Yes

Maps

Listing information courtesy of: George Kpachavi, Edwin Billones, Keller Williams Realty-Studio City . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 6th, 2024 at 8:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.