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Listed by Steve Doughty • Coldwell Banker Platinum Prop
$ 1,695,000
Est. payment | /mo
6,131 Sqft Lot
$ 1,695,000
Est. payment | /mo
6,131 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24253478
Year Built 1949
Lot Size 6,131 Sqft
Source California Regional MLS
Property Description
5076 Pickford is a 5-unit multi-family property situated in the diverse and up-and-coming Mid City neighborhood of Los Angeles. On the corner of Alsace Avenue & Pickford Street, one block from Redondo this centrally located apartment building is close to restaurants, Sprouts, trendy cafes, shopping and public transportation. There are of three 1 bedroom 1 bath units, and two 2 bedroom 1 bath units, all of which are under market rent which will allow for considerable future upside as tenants move out. Tenants pay ALL utilities including trash. There are 4 garages that generate $1,200 per month in income as well as a few spots in the driveway and some street parking. This prime investment property is in the opportunity zone. Sold as is with no warranties/guarantees made. Property will only be shown once offer is accepted. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Heating Floor Furnace
Cooling None
Laundry 38
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 5067017001
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884