This is an extraordinary opportunity to purchase income property an area that has significant upside potential (area is being completely cleaned/ fixed up to accommodate flow of traffic and visitors to new stadium ~5 miles away!) The potential - as the city of Los Angeles prepares for new sports venues, hotels, rentals, airbnb and shopping areas for the Rams stadium and 2028 OLYMPICS - is significant! Currently, the centrally located and quiet area includes a mix of multi and single family properties. This property offers 3 well-maintained and separate units that can be easily and significantly updated to grow the income considerably, in a short period of time. Several new updates, including window, partial roof, water heaters, etc.. The property is fully fenced and has plenty of outdoor space, fruit trees and 2 car driveway. Some tenants use dining room for 2nd bedroom. Excellent for a first time buyer looking to invest in income property! (owner is retiring, motivated and open to solid offers.) INQUIRE today!
DAYS ON MARKET
|
297
|
LAST UPDATED
|
3/11/2022
|
TRACT
|
Not Applicable-105
|
YEAR BUILT
|
1921
|
COMMUNITY
|
Downtown L.A.
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
Prior to Dec 10, '20
|
$550,000
|
Dec 10, '20 - Dec 11, '20 |
$500,000
|
Dec 11, '20 - Today |
$525,000 |
AREA |
Downtown L.A. |
CONSTRUCTION |
Frame, Stucco |
GARAGE |
Driveway |
HEAT |
Floor Furnace, Natural Gas |
LOT |
5404 sq ft |
LOT DESCRIPTION |
Front Yard, Paved, Rectangular Lot |
PARKING |
Driveway |
STORIES |
1 |
STYLE |
Spanish |
SUBDIVISION |
Not Applicable-105 |
TAXES |
0 |
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Listed with Keller Williams R. E. Services
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/29/24 7:19 AM PDT 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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