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$ 1,775,000
Est. payment | /mo
8 Beds
11 Baths
4,072 SqFt
$ 1,775,000
Est. payment | /mo
8 Beds
11 Baths
4,072 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,072 sqft
Price per Sqft $435
MLS Listing ID 26872303
Bedrooms 8
HOA Y/N No
Year Built 1927
Lot Size 6,939 Sqft
Property Description
Situated in the heart of East Los Angeles, this well-located multifamily investment presents an attractive combination of tenant appeal, convenience, and future upside. The property features an attractive unit mix of (1) 2 bd + 1 ba, (6) 1 bd + 1 ba, and (4) studios, providing a diverse mix of rental options suited to a broad tenant base. The property's mostly single-story construction offers a practical advantage for ownership, providing easier maintenance and an appealing living environment for prospective tenants.In addition to its existing income stream, the property offers potential for increased rental income and future ADU development, providing an investor with multiple avenues to enhance value and maximize the property's income-producing potential, subject to applicable zoning and permitting requirements. Plans for two ADUs were previously approved.Location further strengthens the investment profile. Residents are within walking distance of the Metro Gold Line Station, providing convenient access to public transportation and connectivity throughout Los Angeles. The property is also near the East Los Angeles Civic Center, offering access to community events, entertainment, recreational opportunities, and local services. Nearby Whittier Boulevard provides an established mix of shopping, dining, and everyday conveniences.For commuters, the property offers convenient access to the 710, 10, and 5 Freeways, providing efficient connectivity to Downtown Los Angeles, surrounding employment centers, and major destinations throughout the region.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR2YY
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Assigned
Building
Story 2
Entry Level Two,Multi/Split
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5247015027
Special Listing Condition Standard
Listed by Enrique Viramontes Remax Commercial and Investment Realty #01372010
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