1258 E 126th,Los Angeles, CA 90059
Los Angeles, CA 90059
Description
Attention investors and developers! Don't miss this exceptional value-add opportunity in Los Angeles. Whether you're looking for your next fix-and-flip, a long-term rental, or a project with redevelopment potential, this property offers multiple exit strategies in a market with strong housing demand. The existing home provides a solid foundation for renovation while the lot offers potential for expansion, an ADU, or additional improvements, subject to buyer verification with the City of Los Angeles. Investors will appreciate the opportunity to add value through cosmetic updates, a full remodel, or repositioning the property to maximize resale or rental income. Current tenants are paying over market rents section 8 approved. Conveniently located near major freeways, public transportation, schools, shopping, and more this property is well positioned for both development and tenant demand. The surrounding area continues to experience ongoing investment and redevelopment, making this an attractive addition to any investment portfolio. Sold as-is development potential. Dont miss out on this opportunity.
Details
| MLS # | PW26141723 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 81 |
| Listing Provided By | Real Broker | Diego Clavel |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,012 |
| Garage | 1 |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.12 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Bedroom On Main Level |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway |
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90059 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90059) | |
Price: $549,000 low | high Med: $1,025,000 sqft: 1,012 low | high Med: 3,578 $ / sqft: $542 low | high Med: $306 On site: 81 low | high Med: 542.5 | |
Market Activity 90059
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90059 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90059) | |
Price: $549,000 low | high Med: $1,025,000 sqft: 1,012 low | high Med: 3,578 $ / sqft: $542 low | high Med: $306 On site: 81 low | high Med: 542.5 | |