Property listed by Kidder Mathews of California, Inc., Bryan Glenn 858-369-3010
$3,150,000
This is a true value add investment opportunity in the heart of Los Angeles. The property features one and two-bedroom units with a central courtyard and on-site parking. The structures sit on a large corner lot totaling 14,140 square feet. As an investment, there is almost 50%… Read More upside in the current rents. An investor can implement a strategic interior and exterior renovation strategy with the goal of increasing rents and taking advantage of the strength of this submarket. In addition, the property features detached carports which may provide potential to create ADUs at the property. The property also features coin operated laundry on-site. Read Less
Listing Snapshot
Days Online
40
Last Updated
Square Ft.
10,278
Lot Size
0.32 Acres
Year Built
1951
MLS Number
25581297
Additional Details
Building
Built in 1951, Living area: 10278.0, 1 building, 2 stories, Levels: One
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $293,656, Net Operating Income: $137,743
Lot
0.3246 acres
Parking
12 total parking spaces, DetachedCarport, Uncovered
Security Features
SecurityGate
Taxes
Parcel Number: 5084027014, Zoning: LAR3
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
