Property listed by Compass, Keyanna Rees 310-437-7500
$1,185,000
Rare West Adams opportunity: three detached 1-bedroom / 1-bath residences on one lot, offering the kind of flexible multi-unit setup that's increasingly hard to find in Los Angeles. ONE unit delivered VACANT. Each unit lives like its own standalone homeideal for an owner-user seeking rental income, or an investor looking… Read More for a strong long-term hold in one of LA's most in-demand neighborhoods. Two of the units have been recently remodeled with updated kitchens, flooring, and baths, while the third offers stable tenancy and future upside. The property also includes a garage plus an attached bonus rec room currently remodeled as an office, creating valuable additional space for work-from-home, storage, or creative use. The lot is fully fenced with a grassy front yard and a charming backyard featuring a fruiting banana treea true LA touch. Centrally located near West Adams favorites including Highly Likely Caf, Alta Adams, Cento Pasta Bar, Mizlala, and Johnny's Pastrami, with easy access to Culver City, Downtown LA, and the 10 freeway.All three units are separately metered for gas and electric, adding operational simplicity for landlords. A rare combination of charm, functionality, and income potential in a prime West Adams location. All offers must include: proof of funds, pre-approval (if financed). Calling all investors, developers, or owner-userslive in one and offset your mortgage with rental income from the other two units. Zoned R2-1, this is a rare West Adams opportunity with long-term upside. One unit definitely delivered vacant other two units are possibly delivered vacant depending on offer. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
3
Square Ft.
1,512
Lot Size
0.12 Acres
Year Built
1924
MLS Number
26658463
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 1924, Living area: 1512.0, 3 buildings, Levels: One
Cooling
None
Heating
WallFurnace
Income
Gross Income: $57,646, Net Operating Income: $31,706
Lot
0.1194 acres
Parking
Driveway
Taxes
Parcel Number: 5049033001, Zoning: LAR2
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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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