This property presents an exciting development opportunity in the highly sought-after Mid City area, just minutes from USC. The lot, spanning 7,100.1 square feet, is zoned RD1.5-1, making it ideal for a variety of residential projects. Currently, the property includes a two-story building with 5 bedrooms and 2 bathrooms, currently being operated as a short-term rental. The building will be delivered vacant, allowing the new owner to either continue generating Airbnb income or begin their development plans immediately. Please note, there are tenants on-site, so showings are by appointment only. The lot features an accessible alley, providing easy access for future construction. The property offers two potential development plans. The first option involves converting the existing building into a 6-bedroom, 5-bathroom single-family home, which could be rented out by the bedroom. In the backyard, a 4-story triplex could be constructed, offering 21 bedrooms and 21 bathrooms, bringing the total to 27 bedrooms and 26 bathrooms. Alternatively, the second plan proposes building a 4-story duplex in the rear, with 26 bedrooms and 26 bathrooms, resulting in a total of 32 bedrooms and 31 bathrooms. With its prime location near USC and its significant development potential, this property offers an incredible opportunity for investors and developers looking to capitalize on the growing demand for student housing in the area.
Property Details
Property Features
Property Information:
Architectural Style: Victorian
Year Built: 1903
Stories: 2
Living Area: 2,425 SqFt
Listing Office:
Office Name: Keller Williams Realty-Studio City
Office Phone: (310) 525-0528
Listing Agent: George Kpachavi
Interior Features
Interior Information:
Interior: Eat-in Kitchen
Fireplace: Living Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Parking Information:
Parking: Driveway, On Street
Lot Features
Lot Information:
Lot: Back Yard, Front Yard
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: Vermont to West Adams Street to Brighton Street.
Price Information
Listing Price Info
Price Summary:
List Price: $1,250,000
Price Per SqFt: $515/SqFt
Tax Information:
Annual Amount: $2,052
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $228.4K more than the Median Sold Price and $125/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24234359
Listing Office:
Office Name: Keller Williams Realty-Studio City
Office Phone: (310) 525-0528
Listing Agent: George Kpachavi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 18, 2021
Mar 18, 2021Home Sold
$900,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,052
$150,088
2020
$1,995
$148,550
2019
$1,907
$145,638
2018
$1,871
$142,784
2017
$1,871
$139,986
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Vermont Avenue Elementary
1435 W 27th St
Distance between this listing and this school0.47 miles
Public District Grades KG-5
3
/10
STEM Preparatory Elementary School
1374 W 35th St
Distance between this listing and this school0.49 miles
Public Charter Grades KG-5
3
/10
John W. Mack Elementary
3020 S Catalina St
Distance between this listing and this school0.54 miles
Public District Grades KG-5
Nearby Schools
5
/10
Crown Preparatory Academy
2055 W 24th St
Distance between this listing and this school0.60 miles
Public Charter Grades 5-8
4
/10
Camino Nuevo Elementary #3
1723 Cordova St
Distance between this listing and this school0.64 miles
Public Charter Grades KG-8
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school1.31 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.87 miles
Public District Grades 9-12
6
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.90 miles
Public District Grades 6-12
7
/10
Math and Science College Preparatory
3202 W Adams Blvd
Distance between this listing and this school1.03 miles
The neighbors living near this home have an average income of $40,423. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2648 Brighton Ave
What is the listing price of this property?
The listing price of 2648 Brighton Ave property is $1,250,000.
What type of property is this?
The property 2648 Brighton Ave is a house located in Los Angeles, California, 90018.
Is this property for sale now?
Active Listing: 2648 Brighton Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,052 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 18, 2021 for $900,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2648 Brighton Ave has 5 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2648 Brighton Ave is 2,425 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2648 Brighton Ave is 1903.
This home is located at 2648 Brighton Ave in Los Angeles, CA and zip code 90018 in the South LA neighborhood. This 2,425 square foot home, which was built in 1903, sits on a 0.16 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $1,250,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.