This is the lowest priced property in the area for 3 units with lots of potential for a huge value add. The large detached garage can be developed and converted to an ADU turning this property to a 4 unit instead of 3. There is a significant upside in the current rents offering the new owner the ability to also remodel and make this a great cash flowing investment. This property is comprised of three separate structures its own privates entrance in the alley and lots of parking with a long driveway. This invesmnet is centrally located in South LA next to multiple schools, restaurants, 110 freeway and more. A short commute to Downtown Los Angeles, Lax and the Beach Cities.
DAYS ON MARKET
|
447
|
LAST UPDATED
|
9/28/2023
|
YEAR BUILT
|
1923
|
COMMUNITY
|
Downtown L.A.
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
Prior to Apr 4, '23
|
$579,999
|
Apr 4, '23 - Sep 28, '23 |
$564,999
|
Sep 28, '23 - Today |
$545,000 |
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Downtown L.A. |
BUYER'S BROKERAGE COMPENSATION |
2.000 % |
GARAGE |
Door-Multi, Garage, Paved, Yes |
HEAT |
Wall Furnace |
HOA DUES |
0 |
LOT |
5120 sq ft |
LOT DESCRIPTION |
0-1 Unit/Acre |
PARKING |
Door-Multi,Garage,Paved |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
LAR2 |
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Based on information from California Regional Multiple Listing Service, Inc. as of 4/25/24 10:52 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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