Property listed by Apple Tree Realty, Thomas Yong Kim 213-465-4858
$799,000
ALL UNITS WILL BE DELIVERED AS VACANT. This 3 UNIT INCOME PROPERTY has lots of potential with today's high yield CAP rate with beneficial Zoning with C2 (Commercial) + Residential MIXED USE ZONING so the buyer may keep the property as it is with higher CAP rate with cash… Read More flow or develop a Mixed Use Commercial and Residential income property. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming Facility, and Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property with UDU project with new Electric Meters and upgrades, a new staircase. The roof is quite new, new Double Pane Windows, New Bathrooms and lots of improvements! This is a GEM and a MUST SEE PROPERTY!!! 2 RESIDENTIAL UNITS WITH A COMMERCIAL UNIT PROPERTY. BUYER MAY ADD UP 2 ADU units with totaling 1,200 SQF or can make a development project with 14 unit apartment building. Read Less
Listing Snapshot
Days Online
534
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,208
Lot Size
0.12 Acres
Year Built
1953
MLS Number
24394421
30 Days Snapshot Of 90037
$645k
-17%
(avg) sold price
4
+33%
homes sold
107
+48%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Building area total: 2,208, Levels: Two, Living area: 2208, 2 stories, 2 buildings, Architectural style: Colonial
Cooling
None
Floors
Laminate
Income
Gross income: $1, Net operating income: $1
Lot
0.1241 acres, 5,405 square feet, Size: 5,405
Parking
6 open parking spaces, 6 totals parking, Gated
Property
Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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