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$ 959,000
Est. payment | /mo
8 Beds
7 Baths
1,827 SqFt
$ 959,000
Est. payment | /mo
8 Beds
7 Baths
1,827 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,827 sqft
Price per Sqft $524
MLS Listing ID 25543155
Bedrooms 8
HOA Y/N No
Year Built 1924
Lot Size 5,462 Sqft
Property Description
-- Strong cash flow from current tenants at a 7.31% cap rate. -- 2 vacant units (2+1, 1+1) for a new owner to renovate and/or choose their own tenants. -- Value-add potential for up to 6 units by legalizing non-conforming spaces and/or adding ADU units.* -- High development potential for a +/- 5,460 SF lot zoned R2 near USC and Downtown Los Angeles. -- Property is a duplex on title and is sold on an as-is where-is basis. -- Tenants enjoy the convenience of 7 separate private entrances to the units and 5 parking spaces in front. *Buyer to conduct own due diligence and verify all information that is provided for reference purposes only.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Heating None
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 5
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5003005023
Special Listing Condition Standard
Listed by Nicole Lu • Maher Commercial Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "