216 N Park View ST, Los Angeles, CA 90026
216 N Park View ST, Los Angeles, CA 90026
216 N Park View ST, Los Angeles, CA 90026
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Listed by Jim Sandoval, DRE #01726729 • Park Regency Realty
$1,299,995
Est. payment /mo
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4 Beds
2 Baths
1,435 SqFt
New

216 N Park View ST Los Angeles, CA 90026

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,435 sqft

Price per Sqft $905

MLS Listing ID CRSR26186251

Bedrooms 4

Full Baths 2

Year Built 1925

Lot Size 8,002 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property Description

RENOVATED DUPLEX WITH INCOME POTENTIAL AND RTI DEVELOPMENT OPPORTUNITY. An attractive opportunity for an investor seeking a turnkey residential income property with the added advantage of future development potential. Situated on an approximately 8,000 sq. ft. gated lot, the existing 1,435 sq. ft. duplex consists of two vacant, extensively renovated 2-bedroom, 1-bath residences ready for occupancy or leasing. Adding another dimension to the investment opportunity, approved RTI plans call for redevelopment of the site with two three-story duplex buildings totaling four 4-bedroom, 4-bath units and parking for eight vehicles. Alternatively, the existing renovated duplex offers potential for expansion with the addition of another level. The two existing residences are approximately 700 sq. ft. each and feature essentially identical reverse floor plans. Open living and dining areas are complemented by SPC flooring, recessed lighting, matte-black hardware and wall-mounted heating and air conditioning. Updated kitchens feature quartz countertops, white soft-close cabinetry, subway tile backsplashes, stainless steel appliances, undermount sinks and pull-down faucets. Each residence includes two bedrooms with mirrored closets and lighted ceiling fans, a full bath with ceramic tile floorin

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Rooms

Family Room Other

Kitchen Dishwasher, Microwave, Oven - Self Cleaning, Oven Range - Electric, Refrigerator

Interior

Heating Multi Type

Cooling Window / Wall Unit

Flooring Other

Fireplaces Type None

Laundry In Closet, Washer, Stacked Only, Dryer

Exterior

Parking Features Common Parking Area, Gate / Door Opener, Other, Side By Side

Fence Wood, Chain Link

Pool None

View Hills, Local/Neighborhood, Other

Roof Type Flat / Low Pitch

Building

Lot Description Grade - Sloped Up

Story One Story

Foundation Raised

Water District - Public

Others

Tax ID 5157012009

Special Listing Condition Not Applicable


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Manmeet Gill

Manmeet Gill

Co-Founder License ID: 02174112

+1(209) 278-0000

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216 N Park View ST