Welcome to an extraordinary development opportunity in Colfax Meadows, one of the best neighborhoods in Studio City! Situated on a generous 6,864 sqft lot, this home plus an ADU, boasts LARD1.5 zoning, presenting a canvas of possibilities for the savvy investor or visionary developer to maximize the lot and build multiple units. The added convenience of a corner lot enhances the appeal, providing flexibility for design and construction. The existing 2 bedroom, 1 bath home is currently leasing for $2,950 and the permitted ADU is leasing for $1,600. Close to the Farmers Market, Tujunga Village, and Ventura Blvd for shops and restaurants. Located in the coveted Carpenter Community Charter School. TENANT OCCUPIED. PLEASE DO NOT WALK THE PROPERTY.
24387115
Single Family, Traditional, 1 Story
2
Los Angeles
1 Full
1938
0.1576
Acres
1
Stucco
Other
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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