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$799,000
Est. payment /mo
5 Beds
2,208 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $361
MLS Listing ID CL24394421
Bedrooms 5
HOA Y/N No
Year Built 1953
Lot Size 5,405 Sqft
Acres 0.12
Property Sub-Type OTHER
Property Description
ALL UNITS WILL BE DELIVERED AS VACANT. This 3 UNIT INCOME PROPERTY has lots of potential with today's high yield CAP rate with beneficial Zoning with C2 (Commercial) + Residential MIXED USE ZONING so the buyer may keep the property as it is with higher CAP rate with cash flow or develop a Mixed Use Commercial and Residential income property. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming Facility, and Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property with UDU project with new Electric Meters and upgrades, a new staircase. The roof is quite new, new Double Pane Windows, New Bathrooms and lots of improvements! This is a GEM and a MUST SEE PROPERTY!!! 2 RESIDENTIAL UNITS WITH A COMMERCIAL UNIT PROPERTY. BUYER MAY ADD UP 2 ADU units with totaling 1,200 SQF or can make a development project with 14 unit apartment building.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5016021004
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Listed by Thomas Yong Kim • Apple Tree Realty
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