Los Angeles, CA 90025,1703 Stoner Avenue
Los Angeles, CA 90025,1703 Stoner Avenue
Los Angeles, CA 90025,1703 Stoner Avenue
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$2,995,000
Est. payment /mo
9,056 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,056 sqft

Price per Sqft $330

MLS Listing ID CL25581739

HOA Y/N No

Year Built 1973

Lot Size 7,387 Sqft

Acres 0.17

Property Sub-Type Other

Property Description

Discover a prime investment opportunity with this well-located 9-unit building, perfect for savvy real estate investors seeking significant upside in West LA (Sawtelle). This property is an ideal candidate for a Tenants In Common (TIC) development, offering flexible ownership structures that can attract a broader range of investors, with its diverse mix of units, including a spacious two-story townhome, two-bedroom, two-bath units, and one-bedroom units, totalling 9,064 SF. There's considerable potential to increase rental income through strategic upgrades. The possibility of converting garage areas into additional ADUs provides substantial value-add opportunities. Zoned [Q]R3-1 on a 7,385 square foot lot, the property offers not only immediate income but also long-term growth prospects, making it an exceptional chance to maximize returns on your investment portfolio.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 4262016001


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Bridge MLS
Listed by Armin Soleimani • Global Platinum Properties, Inc.
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1703 Stoner Avenue