5964 Chula Vista Way

  • Los Angeles

  • $1,695,000
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Residential Income Details

Description
Development Opportunity in Franklin Village! Currently a duplex consisting of two separate single family homes: The first home is a large 2,460 square foot two-story three-bedroom / two-bathroom with an office and formal dining room. The rear home is a 528 square foot single-story one-bedroom / one-bathroom. The property also has ample on-site parking and a garage, with a huge front yard and space for a private backyard for the back house. Both units to be delivered vacant at close of escrow. Front house is owner-occupied while the back house is currently rented via Airbnb. The lot size is 7,673 square feet, which is significantly larger than most of the parcels in the neighborhood. The zoning is LARD1.5XL which may allow redevelopment of up to 5) 1,500 square foot units with 30' max height. Buyer is responsible for confirming all applicable zoning regulations, requirements & allowances. Plans / entitlements not included. Excellent opportunity with huge potential upside.
Essential
MLS #18348666
Price$1,695,000
Number of Units2
Sale TypeStandard
StatusActive
Listing BrokerageKeller Williams Silicon Beach
Listing AgentDavid Bramante
Listing Agent BRE #01511588
Co-Listing BrokerageCompass
Co-Listing AgentDominic Labriola
Co-Listing Agent BRE #01905889
Interior
AppliancesNone
CoolingSee Remarks
Exterior
Garage Spaces2
Community
AreaC30 - Hollywood Hills East
Address5964 Chula Vista Way
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90068
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, August 28, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.