4023 Monroe Street, Los Angeles, CA 90029
4023 Monroe Street, Los Angeles, CA 90029
4023 Monroe Street, Los Angeles, CA 90029
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$ 999,000
Est. payment | /mo

2 Beds

1 Bath

816 SqFt


Save
$ 999,000
Est. payment | /mo
Save

2 Beds

1 Bath

816 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 816 sqft

Price per Sqft $1,224

MLS Listing ID CL26996263

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1922

Lot Size 6,201 Sqft

Acres 0.1424

Property Sub-Type Single Family Residence

Property Description

A rare Silver Lake/Virgil Village view home with sweeping views of the Hollywood Hills and Griffith Observatory. It sits in one of the Eastside's most desirable pockets: close proximity to Sqirl, Courage Bagels, and Budonoki on Virgil Avenue, Erewhon on Santa Monica Blvd, and the coffee shops, and nightlife of Sunset Junction. 4023 Monroe St is a vacant single-story home, currently about 816 sq ft with 2 bedrooms and 1 bath, offered as-is and ready for its next owner's vision. The home already has new 200-amp electrical service, ready to support a full renovation and the permitted addition. Much of the hard work is already done. The City has issued a building permit with stamped plans that add a second floor, expanding the home to about 1,236 sq ft with 3 bedrooms and 2 baths. The new upper level is a private primary suite designed to take in even more of the view. Architecture, structural engineering, Title 24, and plan check are complete, saving a buyer months of design and approvals. The deep lot also offers room to add an ADU of up to approximately 1,000 sq ft at the rear of the house, either alongside the permitted second story or in place of it. Conceptual studies show a two-bedroom, two-bath attached unit with its own entry, creating the option of a main home plus income or space for extended family. Renovate and move in, or rehab and resell into a neighborhood where buyers compete for well-done homes. The RD1.5 lot of about 6,200 sq ft also offers longer-term upside for additional density, and preliminary small lot planning has been done. Minutes to Los Feliz, Hollywood, and the 101. No additional parking is required for the permitted project. Buyer to verify permit status, ADU feasibility and size, zoning, and development potential with the City of Los Angeles.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

View Y/N true

View City Lights

Total Parking Spaces 2

Private Pool false

Building

Story 1

Architectural Style Bungalow

Level or Stories One Story

New Construction No

Others

Tax ID 5539013022

Bridge MLS
Listed by Judy Visutsiri • Compass

Nearby Locations

Brian McCarthy

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+1(510) 854-8066

brian@bayareasbestagent.com

1820 Solano Ave, Berkeley, CA 94707, USA

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4023 Monroe Street