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$1,190,000
Est. payment /mo
2 Beds
1 Bath
1,236 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,236 sqft
Price per Sqft $962
MLS Listing ID SB26038611
Bedrooms 2
Full Baths 1
Year Built 1916
Lot Size 4,486 Sqft
Property Sub-Type Detached
Property Description
R3-1 Zoned | Income in Place | Multifamily Upside 7148 Marshfield Way presents a rare opportunity to acquire an income-producing property with R3-1 multifamily zoning. The home is currently tenant-occupied, providing immediate rental income while offering long-term redevelopment potential. Interiors by Gibson House. R3 zoning allows for multifamily construction (buyer to verify density, setbacks, and development standards), creating multiple strategic options: hold for cash flow, add units where permissible, or redevelop to maximize land value. Investor and developer ready properties combining in-place income with true density upside are increasingly scarce. Tenant occupied. Do not disturb.
Location
State CA
County Los Angeles
Direction Corner of Hollywood and La Brea
Interior
Fireplace No
Appliance Dryer, Washer
Exterior
View Y/N Yes
Water Access Desc Public
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 5548008021
Acceptable Financing Cash, Conventional, Submit
Listing Terms Cash, Conventional, Submit
Special Listing Condition Standard
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Listed by Joshua Gibson, DRE#02204427 West Shores Realty, Inc.
Co-listed byNON LISTED OFFICE
Co-listed byNON LISTED OFFICE
Nearby School & Business
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