Welcome to a rare opportunity to own a duplex in the heart of vibrant Boyle Heights. Situated on an expansive approximately 7,700-square-foot lot, this income-producing property offers nearly 2,000 square feet of living space with a combined total of 5 bedrooms and 2 bathrooms, making it ideal for investors, developers, owner-occupants, or multi-generational living.One of the property's most exciting features is its exceptional redevelopment potential. According to preliminary development information, the site may offer the opportunity to build 18 or more residential units (buyer to independently verify with the City of Los Angeles, zoning regulations, and all applicable development incentives). Whether you're looking to capitalize on existing rental income while planning a future project or move forward with redevelopment, this property presents a compelling opportunity in a high-demand location.Conveniently located just minutes from Downtown Los Angeles, USC Medical Center, major freeways, Metro stations, schools, parks, shopping, and popular local dining, this property combines prime accessibility with significant upside potential.Whether you're an investor seeking cash flow, a developer looking for your next project, or a buyer searching for a property with long-term appreciation potential, this property delivers a unique combination of location, income, and development possibilities. Opportunities like this are increasingly rare--don't miss your chance to unlock the full potential of this exceptional property.
Listing Courtesy of CRMLS / Listed By: Luis Perales, Century 21 Masters
$929,900 (USD)
Santa Paula Other - 0053 Area Land
Active
18021 E Telegraph Road Santa Paula, CA 93060
Bed
0 Baths
sqft
MLS# V1-34981
Positioned along the established Telegraph Road industrial corridor in Santa Paula, this M2 (Light Industrial) zoned property offers a flexible opportunity for industrial, service, and commercial users. The property benefits from convenient access to nearby transportation routes and is ideally suited for businesses seeking functional space within a growing industrial area of Ventura County.M2 zoning allows for a variety of potential uses, including light manufacturing, warehousing, distribution, contractor operations, automotive-related services, and other compatible industrial activities (buyer to verify permitted uses with the City). The location along E. Telegraph Road provides strong accessibility for deliveries, equipment, and daily operations.This property presents an excellent opportunity for an owner-user or investor looking to secure light industrial property in a limited-inventory market. With versatile zoning and a strategic location, 18021 E Telegraph Rd is well-positioned to support a wide range of business needs.
Listing Courtesy of CRMLS / Listed By: Luis Perales, Century 21 Masters