8467 Zamora Ave - Apartments FOR SALE


Los Angeles, CA 90001- Florence-Graham
$650,000 USD
310-940-8749
8467 Zamora Ave, Los Angeles, CA for Sale
$650,000 USD
Apartments - FOR SALE
1/10
null | 1% Cap Rate

8467 Zamora Ave
Los Angeles, CA 90001
Florence-Graham


HIGHLIGHTS

  • With a transit-connected location, strong neighborhood fundamentals, and untapped value, 8467 Zamora is a blank canvas ready for the next chapter.
  • Nestled at the end of a cul-de-sac near Drew Middle School, this 5,796 SF lot features a VACANT 1,908 SF duplex and development potential.
  • Current improvements include a front 3-bdrm. & 1-bath unit and a 2-bdrm. & 1-bath unit in the rear.
  • A downstairs non-conforming space can be converted into an ADU, and the adjacent garages can be converted into a junior ADU (buyer to verify).
  • The site allows for the opportunity to develop a fourplex featuring townhouse-style units at 1,280 SF each. View OM for more details (buyer to verify)
  • 8467 Zamora is located 0.5 miles from a Metro A-Line light rail station, providing direct connectivity to both Downtown LA and Long Beach.

OVERVIEW

Nestled at the end of a residential cul-de-sac near Dr. Charles R. Drew Middle School, this 5,796 SF lot features a VACANT 1,908 SF duplex and development potential, thanks to LAR3 zoning. The property currently includes a front 3-bdrm/1-bath unit and a rear 2-bdrm/1-bath unit, both vacant. A downstairs non-conforming space (approx. 450 SF) offers additional square footage that can be converted into an ADU. There's also opportunity to convert the existing detached garage into a junior ADU for further income potential (buyer to verify). The site allows for the opportunity to develop a fourplex featuring townhouse-style units at 1,280 SF each (R3 lot - buyer to verify). For a closer look at the development details, please refer to the marketing package. 8467 Zamora is located 0.5 miles from a Metro A-Line light rail station, providing direct connectivity to both Downtown LA and Long Beach. The property is moments from a wide array of public amenities and high-performing charter schools including Animo Pat Brown Charter High School and Amino Florence-Firestone Charter Middle School. Daily essentials, green space, and accessible transit are all within walking distance. With a transit-connected location, strong neighborhood fundamentals, and untapped value, 8467 Zamora is a blank canvas ready for the next chapter.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$341 USD /SF

# OF UNITS

2

PRICE/UNIT

$325,000

CAP RATE

1%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$650K Vacant Duplex on R3 Lot by Metro A-Line

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,796 SF

ZONING

LCR3YY

APN/PARCEL ID

6028-030-029

ASK ABOUT THIS PROPERTY

Kenny StevensCompassMore Info
310-940-8749

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Kenny StevensCompassMore Info
310-940-8749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.