4 Bedroom, 2 Bath Ranch on Double Lot Downtown!

  • City: Los Angeles
  • State: California
  • Ad Viewed : 10 Times







Description:

Excellent ranch home, with CARPORT, on DOULBE LOT in the heart of Downtown Raleigh. Brand new paint and carpet throughout the interior. Large, open living room area with hardwoods. Granite countertops and SS appliances in the kitchen. Many trees just cleared from property around the house, too. Photos are from prior to the house being vacant. Some minor work still needed to be 100% (can detail), but an excellent opportunity to build equity or as a rental hold to eventually redevelop. The lot should support at least a 4-unit quad/townhome design but could also support an entire apartment building. Zoning allows 3 stories and is proposed for 5 with a Transit Overlay District (see COR website). Bus Rapid Transit coming to New Bern, just up the street and also convenient to Hwy 40. Alamo Drafthouse also right down the street! MUST have POF or pre-qual with offer. NO owner financing. Buyer's agents welcome (do NOT solicit me to list it). All offers to be submitted on NC 2T. NO WHOLESALERS. Comps are 512 Coleman St., 805 N. King Charles Rd, and 2321 Bertie Dr.