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916 20th Street

Los Angeles, CA 90007

$959,000 Sale Price
Est. Payment: $ 0/mo
4
Bed
0
Bath
2,705 Sq. Ft.
$358 / Sq. Ft.
Sold

916 20th Street

Los Angeles, CA 90007

Sold
$959,000 Sale Price
$0/mo
4
Bed
0
Bath
2,705
Sq. Ft.
Located in the historically zoned area of University Park North, this charming multi-family property currently has two units but is waiting for its renaissance with an experienced developer at the helm. Zoned LARD1.5, the duplex will transfer ownership with Unit B (upstairs unit - 2 BR/2 BA) delivered vacant and Unit A (lower unit - 2 BR/1 BA) delivered with the tenant in place. The highest and best use of the property may entail the creation of additional rental units due to its proximity to USC and DTLA. Current zoning allows for up to 3 units; however, recent city and state ADU regulations allow for constructing two more units at the rear of the lot, according to LA City. An experienced developer may be able to navigate efficient and grand renovations and new buildings. The yard is fully fenced, and the backyard is accessed via a shared driveway. There is a carport and off-street paved parking in the rear. This property has so much early-1900s charm, including original architectural accents and mature trees, that you must see it fully to appreciate the inherent charisma. The owner pays for water, and each unit pays for electricity and gas individually. " A wonderful neighborhood on the precipice of all the potential improvements being prepared for the Los Angeles Olympics 2028. With the neverending appeal of the USC community and the other grand homes in the neighborhood that have been renovated back to their glory, this property is an appealing project for a visionary whose heart is really in Los Angeles historical neighborhoods.
PROPERTY INFORMATION
MLS # 23266151 Lot Size 6,374 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 969,000
Price Per SqFt: $ 358
DOM 781 Days
Address 916 20th Street Type Residential Income
City Los Angeles Sq.Ft. 2,705 Sq. Ft.
Postal Code 90007 Garage N/A
County Los Angeles Year Built 1909
Bed / Bath 4 / 0 Parking 4
Built In 1909 Status Closed
Sold Date 2023-09-08
INTERIOR FEATURES
Has Fireplace Yes
Fireplace Information Decorative
Has Appliances Yes
Kitchen Appliances Range, Oven
Kitchen Information Tile Counters
Has Heating Yes
Heating Information Wall Furnace
Room Information Living Room
Has Cooling No
Cooling Information None
Flooring Information Carpet, Vinyl
Entry Level 1
SecuritySafety Carbon Monoxide Detector(s), Smoke Detector(s)
Bathroom Information Shower
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,034
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/01/2023 Listed $999,800
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Topfind Realty

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Listing provided courtesy of Conrado Delagarza, eXp Realty of Greater Los Angeles. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
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