5964 Chula Vista Way is located in the Hollywood Hills submarket of Los Angeles, in a highly desirable pocket called Franklin Village.
This property was built in 1913 and consists of two separate single family homes on one lot. The first home is a large 2,460 square foot two-story three- bedroom / two-bathroom with an office and formal dining room.
The back home is a 528 square foot single-story one-bedroom / one-bathroom. The property also has ample on-site parking and a garage, with a huge front yard and space for a private backyard for the back house.The lot size is 7,673 square feet, which is significantly larger than most of the parcels in the neighborhood.
The zoning is LARD1.5, which may mean you can build larger and/or more units on the property (Buyer to investigate).Both units will be delivered vacant at the close of escrow. The front house is owner-occupied, while the back house is currently rented via Airbnb. Excellent opportunity with huge upside.
Exclusively offered for $1.850M