• Asking Price See Price
  • Estimated Value: $1,526,092

  • 3 Beds 1 Bath 1,622 SqFt
  • Single Family Home / Rent To Own

Property Details for GRAMERCY St, LOS ANGELES, CA 90005




Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Seller has secured SB 8 Exemption letter from LAHD. Zoned LAR4. R4 TOC Tier 3 development opportunity located in Mid-Wilshire! Lot size is approximately 6,249 sqft. TOC incentives allow for reduced parking & setback requirements and increased density options. Proximity to local amenities and easy access to transportation makes this an ideal investment for developers looking for top rents! Buyer to make own investigation and verify all zoning and TOC guidelines with LADBS. Do not miss this prime opportunity. SELLER Info herein is not verified by agent. Buyer to verify all info & rely on their own findings as to what Los Angeles City Planning will allow. There are two structures on the property.

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.

Are you a Real Estate Agent?

Get Premium leads by becoming a RealtyStore.com preferred agent for listings in your area

Learn More

Click here to view more details

All information provided is deemed reliable, but is not guaranteed and should be independently verified.