9500 S Spring Street, Los Angeles, CA 90003

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Property Description

Ideal buy and hold development opportunity. This fully vacant, centrally located duplex offers two freestanding houses on a street to street lot, as well as a separate garage with attached workshop. The large front unit is currently a two-bed/one-bath but can potentially be reconfigured as a three bed. The rear unit is currently being used as a two-bed/one-bath, and the garage and workshop can be converted to an ADU There is plenty of off street parking for three rentals, and the possibility of generating huge monthly income either with the updated section 8 rent schedules or with market rate rents. Multiple development strategies exist for this exciting fixer which is zoned R-2 and is close to public transit. No blind offers. Sellers to make no repairs or concessions. Cash or hard money offers only.


Interior Features

Laundry Information
Location(s) In Kitchen
Bedroom Information
Features All Bedrooms Down
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Features All Bedrooms Down
Cooling Type None

Listing Information

Address 9500 S Spring Street
City Los Angeles
State CA
Zip 90003
County Los Angeles
Listing Agent Steve Aranda DRE #01435884
Courtesy Of Altadena Real Estate Company
List Price $598,000
Status Active
Type Residential Income
Subtype Duplex
Structure Size N/A
Lot Size 5,520
Year Built 1925

Listing information courtesy of: Steve Aranda, Altadena Real Estate Company. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 14th, 2024 at 7:17 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.