"CASH, CASH, CASH, I am pulling the listing in a week unless it sells first and I'll bring back next spring for $1,495,000. Price is firm! No showing without a cash offer with proof of funds for $1,195,000. It is a 1935 2 bedroom 1 bath 708 sq ft house with a 1 bed 1 bath 328 sq ft guest house for a total of 1036 sq ft of living space on a 5500 sq ft lot. The guest house is a conversion of the 1 car garage 10' x 16'=160 sq ft + the attached workshop of 12 'x 14'=168 sq ft for a total of 328 sq ft. The garage and workshop are Accessory Buildings that were permitted by the City of Los Angeles in 1935. I have the permits! I received copies of the original permits directly from the City of Los Angeles Building and Safety. Based on the new state law SB 2299 AB 1069 effective 01/01/2017 and my guest house is in a Legally Permitted Accessory Building, it can be converted by-right for an Accessory Dwelling Unit Conversion. The property has been rented out for $3500 a month since 02/01/2015."
* PRICE LOWERED - $1,295,000 TO $1,195,000