
Description
4 unit apartment offering a tremendous value add opportunity for a local and experienced investor to capitalize on the growing rents in the area.The entire property is comprised of a two story buildings totaling 3,188sf and built in 1965. It sits on almost 6,047sf of R4 zoned land in a designated Opportunity Zone. All of the units are Two Bedroom, in good condition, and has month to month tenants all paying rent with no delinquencies.The rear provides ample parking for two spaces for each unit, enough space to construct a new ADU, and offers a potential developer huge opportunity to build on the R4 zoned land and to maximize unit density in a high demand rental market. Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live., Restaurants & Shops.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
4 unit apartment offering a tremendous value add opportunity for a local and experienced investor to capitalize on the growing rents in the area.The entire property is comprised of a two story buildings totaling 3,188sf and built in 1965. It sits on almost 6,047sf of R4 zoned land in a designated Opportunity Zone. All of the units are Two Bedroom, in good condition, and has month to month tenants all paying rent with no delinquencies.The rear provides ample parking for two spaces for each unit, enough space to construct a new ADU, and offers a potential developer huge opportunity to build on the R4 zoned land and to maximize unit density in a high demand rental market. Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live., Restaurants & Shops.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T00:25:59.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.