Property listed by KHORR Realty, Pila Jessie 424-512-2883
$999,999
3 Units VACANT, may be possible to deliver entire building vacant + UNUSED OVERSIZED GARAGE IN JEFFERSON PARK. Cash cow potential! Prime, charming garden style 4-unit income property on large lot, located in the heart of one of the city's fastest-growing redevelopment corridors, perfect to rent to USC students. Three… Read More of the four units are currently VACANT, providing immediate flexibility for renovation, repositioning, or maximizing rental income.The property also features an oversized detached garage to accommodate 4 cars, combined in 1 structure, with outstanding ADU (Accessory Dwelling Unit) development potential, offering additional value and future income opportunities (buyer to verify). Per seller garage is not used by the tenant. Close proximity to downtown la, the 10 freeway and surrounded by major new development, metro rail, restaurants, shopping, and transit, this is a rare chance to acquire a property in a highly sought-after location with tremendous upside. Whether you're an investor, developer, or owner-user, this property offers exceptional potential in one of the city's most active growth areas. The remaining tenant is month to month. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals.No warranties, guarantees or representations regarding the adequacy, condition, performance, or suitability of the property or its systems or components are expressed or implied. Buyer to rely solely on his/her/their own findings. Read Less
Listing Snapshot
Days Online
55
Last Updated
Beds
4
3/4 Baths
4
Square Ft.
2,000
Lot Size
0.14 Acres
Year Built
1929
MLS Number
26893901
Additional Details
Building
Built in 1929, Living area: 2000.0, 1 building, 1 storey, Levels: One
Cooling
None
Disclosures
RentControl
Fireplaces
None
Heating
WallFurnace
Income
Gross Income: $96,804, Net Operating Income: $95,604
Laundry
None
Lot
0.1445 acres
Parking
8 total parking spaces, Concrete, Driveway
Pool
None
Taxes
Parcel Number: 5044004016, Zoning: LAR3
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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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