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Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,558 sqft
Price per Sqft $224
MLS Listing ID 24415737
Bedrooms 6
Year Built 1916
Lot Size 6,695 Sqft
Property Description
Incredible investment opportunity!! Great potential upside,great looking property in a quiet neighborhood with a fresh breeze.Property is currently legally 4 units(3,558sf) and 1 ADU 3rd floor unit(app.1,000sf),but one of the previous owner converted 4 units into 2units.As a result, 1st floor unit is currently rented for $1,694(3+1+own laundry room)) and 2nd floor unit is $1,591(3+2+own laundry room), and ADU unit is vacancy(recently,the seller receved official permission from City of LA as an ADU for a 3rd floor unit that was not authorized).Property has a full basement with a lots of strage space and huge back yard that for new owner's potential.To comply with city regulation,2nd floor front balcony and the stair case at the back of the property were replaced and finished new painting the exterior.Close to Fwy 110,10 & Expo Line,minutes from USC,Exposition Park,LA Coliseum,SoFi Stadium,BMO stadium,future Clippers Arena.A new owner with the opportunity will easily become the owner of a large building that brings a huge income,Don't miss out on this rare opportunity!!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Parking Features Assigned, One Space, Side By Side, Uncovered
Building
Story 3
New Construction No
Others
Special Listing Condition Standard
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Bought with Scott Jin Kim • New Star Realty