We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit. The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a… Read More fully completed renovated property, pricing will be adjusted accordingly based on the scope and level of finishes requested. The property is currently vacant and this also adds value because the new buyer will be able to establish market rents day one. The property is zoned LARD 1.5 which may allow up to 8-10 total units, subject to the buyers verification with the city. This creates a strong value-add component and a redevelopment opportunity for the right investor seeking additional density and long-term upside potential. This area has shown tons of growth and lots of business development in the immediate area is good for economic growth. Rendered Pictures are Renderings of the existing structure. Read Less
Courtesy of eXp Realty of Southern CA 888-294-1415
Listing Snapshot
Days Online
31
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,608
Lot Size
0.12 Acres
Year Built
1921
MLS Number
RS26115689MR
30 Days Snapshot Of 90062
$775k
-10%
(avg) sold price
1
-80%
home sold
60
-40%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,608 sq ft, Built in 1921, "Detached/No Common Walls"
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