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$998,000
3 Beds 3 Baths 26855257 MLS Active Status
DELIVERED 100% VACANT! Prime 90039 Duplex Opportunity on Knox Ave in Elysian Valley (Frogtown). Build Wealth Through Homeownership. Live in one residence while rental income from the second home helps offset your monthly ownership costs. Welcome to 2754 Knox Ave, a fantastic two-unit property positioned in one of the most dynamic, trendsetting, and highly sought-after pockets of Los Angeles. Built in 1923, this charming character duplex features a total footprint of approximately 1,732 square feet situated on a spacious, flat 5,000 square foot lot. With both units delivered vacant at the close of escrow, this property represents the ultimate clean slate for your next real estate play, free from inherited tenants or immediate rent-control restrictions. Whether you are an owner-user or a seasoned investor looking for a clean, hassle-free value-add project in a premier appreciating market, this duplex is ready for its next chapter. The favorable LAR2 zoning and generous lot size provide an incredible canvas for a premium cosmetic renovation or a future detached ADU expansion to maximize your monthly yield. Located on a quiet residential street in a highly walkable and exceptionally bikeable pocket of Elysian Valley, residents will love the effortless lifestyle this area commands. Enjoy being just minutes away from the scenic LA River bike path and riverside parks, local neighborhood coffee shops and boutique artisanal dining, Griffith Park, Dodger Stadium, Silver Lake nightlife, and major freeway corridors (I-5 and the 2) for a seamless commute to Downtown LA, Burbank, or Glendale. Property is being sold in "AS IS" condition. Buyer to verify all MLS information, permits, and square footage.

2754 Knox Avenue, Los Angeles

$2,599,999
2 Beds 1 Baths 26671623 MLS Active Status
Positioned as one of the rarest available development sites in Los Angeles, this riverfront opportunity, located on the East Side's ever-popular Frogtown neighborhood, is ready for its next chapter. Currently, an uninhabitable single-family home and a paved parking lot stand, but visionaries will see an array of future possibilities. Comprised of two parcels totaling over 9,000 Sqft, the expansive lot offers nearly 115 feet of riverfront & bike path frontage - one of the largest in the neighborhood. With one parcel zoned "Residential" and the other zoned "Commercial Manufacturing", this opportunity allows a new owner/developer to take advantage of this truly scarce multiple-use zoning within the city. Most exclusively, the zoning allows for multiple permitted "Live/Work" structures, one of the rarest permitted structures in all of Los Angeles. Other "By Right" zoning approvals include amusement enterprises, art or antique shops, auditorium/concert venues, bakery goods shops, studios, restaurants and more (Buyer to verify with city). The Los Angeles River Revitalization Master Plan (LARRMP) calls for future revitalization connecting more people to future trails and parks along the river, further improving walkability and sense of community. This opportunity also sits in between neighboring Frogtown staples Spoke & Lingua Franca, and close proximity to Lewis MacAdams River Front Park (formerly Marsh Park), and Frogtown Brewery. An opportunity of a lifetime to create your riverfront vision.

3051 N Coolidge Avenue, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.