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$1,295,000
Listing Price40beds
40baths
1,148sqft
6,409sqft lot
3906 Brighton Ave, Los Angeles, CA 90062
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Exceptional development site with fully RTI plans for a 40-bedroom, 40-bathroom co-living duplex plus attached ADU, totaling 12,083 sq. ft. across three separate addresses. Situated on a 6,411 sq. ft. lot with alley access, this project is located within an Opportunity Zone (LARD2 zoning), offering significant tax advantages for investors. The propertys design, created by one of the leading architects in the co-living sector with an extensive track record of completed projects, maximizes the allowable buildable square footage. Each unit features its own kitchen and laundry hookups, with a total of 3 kitchens, 3 laundry areas, and multiple shared living spaces. Bedrooms are thoughtfully designed at approximately 12 x 12.9, each with a private bath. The ADU includes ADA-compliant bathrooms and slightly smaller bedrooms, making the property fully inclusive.Located less than a mile from USC, the Metro E-Line, and Exposition Park, this site is ideally positioned to capture strong rental demand. With Padsplit (the Airbnb of co-living) recently entering the LA market, the timing for co-living development is prime.A turnkey opportunity for contractors, builders, and investors to capitalize on the growing demand for modern, affordable co-living housing in Los Angeles. Rental price for each bedroom is approximately $1,250/Month, which is $50,000/Month at 100% full occupancy.
Interior Details
1148
40
40
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6409
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$4,600
$280,871
$105,919
--%
$386,790
2019
$4,600
$275,364
$103,843
--%
$379,207
2018
$1,978
$99,854
$55,469
--%
$155,323
2017
$1,937
$97,897
$54,382
--%
$152,279
2016
$1,883
$95,978
$53,316
--%
$149,294
2014
$1,872
$92,686
$51,488
--%
$144,174
2013
$1,866
$92,268
$51,256
--%
$143,524
2012
$1,834
$90,459
$50,251
--%
$140,710
Average Home Price in 90062
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles




