Tuesday, December 15, 2009

2122 Vestal (90026)


Elysian Heights Fixer

Two bedroom, one bath Mediterranean-revival cottage with sweeping canyon views, on secluded, tree-sheltering street.
 
Both the house and detached single car garage have suffered extreme, potentially structure-compromising, water damage and are uninhabitable; furthermore, the property has been cited by the Los Angeles Department of Building & Safety.  It will not qualify for conventional financing.

The property may be a poor tear-down candidate as well, and parties with redevelopment interest are encouraged to review, at a minimum, building codes, lot coverage ratios, and hillside ordinances.

Neither the brokerage nor listing agent will offer any warranties, either expressed or implied.

A city owned easement runs along the Southern lot line, rendering a privacy enhancing, heretofore unbuilt buffer between properties.

An unimproved parcel, directly opposite, 2123 Vestal (APN 5420-018-011), is simultaneously being offered by Furstenberg Realty (mls#09-399431).

2122 Vestal Avenue (90026)
870 sq. ft.
Year built: 1930
Zone: LAR2
Lot size: 40 X 69
Lot area: 2,760
List price: $250,000

Interior photos and showings available upon request.

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