$740,000
$819,999
9.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4 Baths
1,976 SqFt
SOLD DATE : 03/31/2023
Key Details
Sold Price $740,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $374
MLS Listing ID 23246523
Sold Date 03/31/23
Bedrooms 3
HOA Y/N No
Year Built 1912
Lot Size 4,743 Sqft
Property Description
Introducing a prime investment opportunity located just minutes away from USC and Downtown. This four-unit building consists of three 1-bedroom, 1-bathroom units and one studio, providing multiple rental options. Some units have received minor updates, with one unit boasting an updated kitchen, flooring, paint, and lighting.This property presents an incredible add-value opportunity with huge upside on rents. Additionally, the city may allow for the construction of two additional units, further increasing the property's value. Conveniently located near freeways, this property offers easy access to all the amenities and attractions that the city has to offer. This is an exceptional opportunity for seasoned investors looking to add to their portfolio or for first-time buyers who want to consider leaving in a unit. Don't miss out on the chance to capitalize on this prime investment property.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 5
Building
New Construction No
Others
Senior Community No
Tax ID 5110013009
Financing Cash,FHA,VA
Special Listing Condition Standard
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Bought with Mike Nader Antoun • KW Advisors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "