UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,301 sqft
Price per Sqft $421
MLS Listing ID CV25167404
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1946
Lot Size 3,001 Sqft
Property Sub-Type Single Family Residence
Property Description
The owner strongly prefers to sell this parcel as part of a bundled sale with two neighboring properties:
3877 Middlebury Street, a 1-bedroom, 1-bathroom home with 805 square feet of living area on a 2,502-square-foot lot, listed at $529,000 (APN 5539-031-015); and 3875 Middlebury Street, a 2-bedroom, 1-bathroom home with 667 square feet on a 2,002-square-foot lot, listed at $399,000 (APN 5539-031-014). The total asking price for all three parcels is $1,477,000.
Together, these three parcels span 7,504 square feet of land with significant redevelopment potential. Current zoning allows for the construction of three residential income units per lot, enabling a total of 9 units by right. Alternatively with a low-income housing set-up, the site could yield up to 17 total units—ideal for investors and developers seeking scale and long-term upside in a high-demand rental submarket.
We encourage you to act early to explore this rare opportunity to assemble and transform a prime site in one of Los Angeles' most dynamic neighborhoods.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Rooms
Main Level Bedrooms 3
Interior
Interior Features Ceiling Fan(s), All Bedrooms Down, Bedroom on Main Level
Heating None
Cooling None
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance Built-In Range
Laundry Laundry Room
Exterior
Pool None
Community Features Park, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected
View Y/N Yes
View City Lights
Accessibility Safe Emergency Egress from Home
Porch Porch
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
High Schools John Marshall
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5539031016
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard, Trust
