$88,000
For Sale

466 Quail Drive

Los Angeles, CA 90065
Listing OfficeSilverwood Properties
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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 surveys, reports and plans of course included in the sale.

  • Property Details
      • CountyLos Angeles
      • Property TypePurchase
      • MLS #25490221
      • MLS #25490221
      • Original List Price$88,000
      • ViewCanyon
      • Acres0.0793
      • Cost88000
      • Property SubtypeLand

Location

Dorothy PembertonReal Estate Group

Interested in Purchasing 466 Quail Drive?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00