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Listed by Danny Navarro • Century 21 Allstars
$ 1,050,000
Est. payment | /mo
6,402 Sqft Lot
$ 1,050,000
Est. payment | /mo
6,402 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRDW25145544
Year Built 1923
Lot Size 6,402 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Large 4 unit property located in a high demand OPPORTUNITY ZONE. Spacious building with over 4,000 sqft of living space built in 1923. It features 4 large-1 bedroom units just about 1,030 sqft each with spacious living rooms, kitchen and laundry area inside each unit. Additionally, there is significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access. All units are tenant occupied with a generous rental upside $49,668/annually (+/- 4.73% CAP Rate, +/-21.14 GRM). Located near USC, iconic venues like the LA Memorial Coliseum, BMO Stadium, Natural History Museum, California African American Museum, Rose Garden, California Science Center, Shrine Auditorium & Expo Hall, Galen Center, and major Olympic event locations, this property is perfectly remodeled and positioned to capitalize on increased demand for housing during and beyond the Games. Don't miss out on this chance to secure a property in one of LA's hottest neighborhoods before the world arrives!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
Building
Sewer None
Water District - Public
Others
Tax ID 5020001008
Special Listing Condition Not Applicable
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Drew Reid
REALTOR® | Lic# 01332884