Just Listed - 707 Rosemont Ave, Los Angeles

Great opportunity!  This duplex is a fixer with a value-add opportunity to add 1 new unit, or you can start over and build 3 new units!  This CORNER lot duplex is located 4 blocks to Echo Lake and 4 blocks to Sunset Boulevard.  It has 5,591 SF of LARD1.5-1VL land.  Translation, you can have 3 units on property and build up to 3:1 FAR and 3 stories.  The original units on property are in need of full cosmetic renovation including kitchens, baths, and floors.  The roof was replaced 2 years ago, and a new sewer-line was installed last August.  Tenants are long term tenants; seller will not relocate.  Please do not disturb.  Property is being sold “as is” where is.  Interior photos of front unit available upon request.  Visual inspection with offer to purchase, proof of funds, and financing pre-approval.  Perfect for Owner-Occupy Investors, Investors, and builder / developers.

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