Property listed by Coldwell Banker Realty, Bob Day 323-464-9272
$1,295,000
An exceptional investment opportunity awaits in the heart of Los Angeles. This spacious and elegantly maintained four-unit property sits on a large 7,510 sq. ft. lot, just blocks from the University of Southern California, the Coliseum and one block from the iconic BMO Stadium, home of LAFC. Each of the… Read More four units contains approximately 1,100 Sq. Ft. with pristine hardwood floors and nice finishes offering immediate appeal for residents. Situated just minutes to Exposition Park the new Lucas Museum of Narrative art, Expo Line Train Station, this property offers incredible access to cultural landmarks, public transit, and campus life. The neighborhood is experiencing rapid appreciation, making this a strong income-producing investment. Property includes a driveway to a back lot for ample parking. Easy reach to downtown LA, cultural venues, and public transit. High Demand Market Student housing, young professionals, and sports/cultural enthusiasts. The Fourth ground-floor vacant unit offers Value- Add Opportunity: Renovate the fourth unit for increased returns at a projected rental income of $2,300/month or as an owner user. Read Less
Listing Snapshot
Days Online
9
Last Updated
Beds
4
Square Ft.
4,516
Lot Size
0.17 Acres
Year Built
1920
MLS Number
25623103
Additional Details
Building
Built in 1920, Living area: 4516.0, 1 building, Building faces West, 2 stories, Levels: One, Construction Materials: Frame, Stucco
Cooling
None
Fireplaces
None
Floors
Wood
Heating
NaturalGas
Laundry
LaundryCloset, InKitchen
Lot
0.1724 acres
Parking
6 open parking spaces, 6 total parking spaces, DirectAccess, Driveway, Garage, Unassigned
Pool
None
Roof
Composition, Shingle
Security Features
WindowBars
Taxes
Parcel Number: 5019028013, Zoning: LAC2
Tenant Pays
Electricity
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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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