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133 W Avenue 31, Los Angeles, CA 90031

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For Sale

$750,000

3 beds • 2 baths • 1,768 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $424.21
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Rare Development Opportunity in Lincoln Heights. This single-family home with an additional structure sits on an expansive, flat lot zoned RD3-1 with TOC Tier 3 status opening the door to endless possibilities. Keep the original Craftsman charm with its roomy layout, soaring ceilings, and abundant natural light, or take advantage of the easy-to-build lot and create a profitable multi-unit project.Located in a state-designated housing and enterprise zone, this property qualifies for density bonuses, reduced parking requirements, faster approvals, and major developer incentives. Key Highlights: Expansive, flat lot with RD3 zoning multi-unit potential. TOC Tier 3, build more units with fewer parking requirements. Enterprise & Housing Element site added incentives and faster approvals. Craftsman character with tons of natural light. Steps from Zizou, Moo's Craft Barbecue, Mazel, and Terra Mia. Minutes to Chinatown, Highland Park, and DTLA. Strong renter and buyer demand in a thriving neighborhood. Whether you're looking to develop, invest, or design your dream home, this property is a rare chance to grab a prime piece of Lincoln Heights with character, location, and high ROI potential.
MLS# 25579117

Courtesy Of Compass

(626) 205-4040

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Craftsman
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 133 W Avenue 31, Los Angeles, CA 90031

Home seller CENTURY 21 Citrus Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Citrus Realty

(909) 592-8500
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.