466 Quail Drive, Los Angeles, CA 90065

Owner took this property a good long ways through the permit process in 2021, but she is elderly and decided she no longer wants to deal with it and is willing to 'firesale' it just to get it off her plate. Plans were submitted in 2021 and corrections were issued. Shouldn't take too much to get it across the finish line. This is probably the best bargain for a vacant lot in the whole city. True, it will need someone who is willing and able to deal with a steep downslope, but the resultant product will be more than worth it. The plans are for a 3 story 1250 sq ft 3 bed 2 bath home with a bridge from the street to the rooftop. Top level includes a two car garage, the living room and a large deck with great views. And, importantly, it is in the highly sought after Mt Washington Elementary School District Even if you factor a generous $500/sq ft to build,and you factor in closing costs and soft costs, there should be plenty of room to clear a good $400,000 profit.... maybe more. All … read more …