Share This Listing

Message

915 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

$650K Vacant Duplex on R3 Lot by Metro A-Line 8467 Zamora Ave 2 Unit Apartment Building $650,000 ($325,000/Unit) 1% Cap Rate Los Angeles, CA 90001

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • With a transit-connected location, strong neighborhood fundamentals, and untapped value, 8467 Zamora is a blank canvas ready for the next chapter.
  • Current improvements include a front 3-bdrm. & 1-bath unit and a 2-bdrm. & 1-bath unit in the rear.
  • The site allows for the opportunity to develop a fourplex featuring townhouse-style units at 1,280 SF each. View OM for more details (buyer to verify)
  • Nestled at the end of a cul-de-sac near Drew Middle School, this 5,796 SF lot features a VACANT 1,908 SF duplex and development potential.
  • A downstairs non-conforming space can be converted into an ADU, and the adjacent garages can be converted into a junior ADU (buyer to verify).
  • 8467 Zamora is located 0.5 miles from a Metro A-Line light rail station, providing direct connectivity to both Downtown LA and Long Beach.

EXECUTIVE SUMMARY

Nestled at the end of a residential cul-de-sac near Dr. Charles R. Drew Middle School, this 5,796 SF lot features a VACANT 1,908 SF duplex and development potential, thanks to LAR3 zoning. The property currently includes a front 3-bdrm/1-bath unit and a rear 2-bdrm/1-bath unit, both vacant. A downstairs non-conforming space (approx. 450 SF) offers additional square footage that can be converted into an ADU. There's also opportunity to convert the existing detached garage into a junior ADU for further income potential (buyer to verify). The site allows for the opportunity to develop a fourplex featuring townhouse-style units at 1,280 SF each (R3 lot - buyer to verify). For a closer look at the development details, please refer to the marketing package. 8467 Zamora is located 0.5 miles from a Metro A-Line light rail station, providing direct connectivity to both Downtown LA and Long Beach. The property is moments from a wide array of public amenities and high-performing charter schools including Animo Pat Brown Charter High School and Amino Florence-Firestone Charter Middle School. Daily essentials, green space, and accessible transit are all within walking distance. With a transit-connected location, strong neighborhood fundamentals, and untapped value, 8467 Zamora is a blank canvas ready for the next chapter.

PROPERTY FACTS Under Contract

Price $650,000
Price Per Unit $325,000
Sale Type Investment
Cap Rate 1%
Gross Rent Multiplier 1
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.13 AC
Building Size 1,908 SF
Average Occupancy 0%
No. Stories 2
Year Built 1936
Parking Ratio 1.05/1,000 SF
Opportunity Zone Yes
Zoning LCR3YY - multiple dwelling zone

AMENITIES

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 1 - -
2+1 1 - -
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36077822

  • Date on Market: 6/2/2025

  • Last Updated:

  • Address: 8467 Zamora Ave, Los Angeles, CA 90001

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}