This is a true value add investment opportunity in the heart of Los Angeles. The property features one and two-bedroom units with a central courtyard and on-site parking. The structures sit on a large corner lot totaling 14,140 square feet. As an investment, there is almost 50%… Read More upside in the current rents. An investor can implement a strategic interior and exterior renovation strategy with the goal of increasing rents and taking advantage of the strength of this submarket. In addition, the property features detached carports which may provide potential to create ADUs at the property. The property also features coin operated laundry on-site. Read Less
Property listed by Kidder Mathews of California, Inc., Bryan Glenn 858-369-3010
Listing Snapshot
Days Online
34
Last Updated
Property Type
Other
Square Ft.
10,278
Lot Size
0.32 Acres
Year Built
1951
MLS Number
25581297
30 Days Snapshot Of 90019
$1.30M
+19%
(avg) sold price
12
+33%
homes sold
65
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1951, Building area total: 10,278, Levels: One, Living area: 10278, 1 story, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $293,656, Net operating income: $137,743
Lot
0.3246 acres, 14,139 square feet, Size: 14,139
Parking
12 totals parking, DetachedCarport, Uncovered
Property
Zoning: LAR3
Security Features
SecurityGate
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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