Description
PRICE DROP!! Amazing location just to the north of Santa Monica Blvd. Currently leased for $10,000/month. Expanded single family house with 6 beds and 5 baths. Approved for 9 beds RCFE (Residential Care Facility). BUT - zoned R4! Highest and best use would be to develop the property for rental housing. Great development potential - build "as of right", or take advantage of density bonuses - lots of potential. Collect significant rent while entitling the property. Also, no unit replacement required, no rent control tenants.