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$ 2,895,000
Est. payment /mo
New
3833 S Grand AVE Los Angeles, CA 90037
13 Beds
7 Baths
7,484 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,484 sqft
Price per Sqft $386
MLS Listing ID 26107471
Bedrooms 13
HOA Y/N No
Year Built 1954
Lot Size 0.310 Acres
Property Description
3833 S Grand Avenue presents an opportunity to acquire a specialized residential asset currently utilized as transitional housing in Los Angeles and directly adjacent to USC. The property features 13 bedrooms, including 4 private 1-bed 1-bathroom units, across approximately 7,484 square feet of building area on a substantial 13,492-square-foot lot. The property's existing configuration and residential use may make it particularly attractive to a local nonprofit organization seeking to establish or expand a transitional housing operation, a sober living facility, or an affordable housing program, subject to applicable licensing, zoning, occupancy, and regulatory requirements. The property's existing infrastructure and bedroom count offer a potential foundation for an operator seeking to provide residential services while pursuing a mission-driven use. Offered at approximately $387 per square foot, the property combines an established income stream with a specialized residential configuration and potential for future operational repositioning. The substantial 13,492-square-foot lot further contributes to the property's long-term appeal, subject to verification of applicable zoning and development requirements. All financial information and projected returns are estimates and have not been independently verified. Buyers are responsible for independently verifying property information, income, expenses, existing occupancy and operating agreements, permitted uses, licensing requirements, zoning, and any potential development opportunities. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LACM
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 10
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5122026014
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650
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