FIXER TEAR DOWN ALERT !!! Calling all contractors or developers. PRIME CORNER LOT with existing VACANT HOUSE 3Br/1.75BA + Detached Rented STUDIO/ADU + detached Garage. WONDERFUL NEIGHBORHOOD. WEHO Zoned “WDR2” typically allows 3 units per lot. FRONT HOUSE facing Hampton Ave. tested positive for Mold (see MLS Doc’s): Bungalow Style with front yard, front porch, rear yard, hardwood floors Property sold AS-IS with rear unpermitted STUDIO/ADU facing Genesee St. DELIVERED WITH TENANT IN PLACE, and subject to Rent Sabilization Ordinance, Relocation Fee, and Counseling Fee (see MLS Doc’s). Off street driveway parking two side-by-side. (ADJACENT CORNER PROPERTY ALSO AVAILABLE FROM SAME OWNER to the south along Genesee Street: 1010-1012 Genesee and 7735-7737 Lexington Ave: Charming 4 UNIT WEHO Zoned WDR1B Listing #25518493). Combined Lots run Street to Street along Genesee St., totalling apprx 10,392 square feet. Due Diligence: It’s crucial for buyers and developers to conduct thorough due diligence regarding remediation, zoning, permits, square footage, moratoriums, and other potential restrictions before proceeding with any development plans. Trust Sale. Buyer to Cooperate with Seller on 1031 Exchange at no cost to Buyer.
Lechavarria@onthegorealestate.com