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SoldSingle-Family Home

1820 Prosser Avenue

Los Angeles, CA 90025

$2,500,000
Bedrooms
Studio
Bathrooms
0
Interior
Year Built
1936

About this residence

1820 Prosser Avenue is a rare multifamily / condominium development opportunity in the ever popular Los Angeles submarket near Century City. 1820 Prosser Ave is currently comprised of a 2,275 sq. ft. vacant home on a 7,051 square foot R3 zoned lot allowing for the development of 8 residential units by right (Buyer to verify). The parcel dimensions are 47 feet of Prosser Ave frontage with a depth of 150 feet (47x150). 1820 Prosser Ave is also within 2 miles of Westwood Village and the UCLA campus..1820 Prosser Ave is an extremely rare single family home on a residential zoned lot. Adding to the uniqueness of the site is that a developer DOES NOT need to Ellis the property, as there are no existing rent controlled units. Per the city of LA, an owner is entitled to build up to 8 units by right on this parcel and also may be eligible for a density bonus (Buyer to verify).

Property details

Status
Sold
Property type
Single-Family Home
Price per sq ft
Days on market
18 days
Listed
August 17, 2020
Year built
1936
Furnished
No
Waterfront
No
MLS number
20619506

Location & neighborhood

1820 Prosser Avenue, Los Angeles, CA 90025

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Mortgage calculator

Down payment20% · $500,000
Interest rate6.50%
Loan term30 years
$17,475
per month
  • Principal & interest$12,641
  • Property taxes$3,792
  • Insurance$1,042
  • HOA / fees$0
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Estimate only. Taxes, insurance and HOA are approximate.

Listing courtesy of Remax Commercial and Investment Realty · MLS 20619506. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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