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$2,995,000
Est. payment /mo
9,056 SqFt
UPDATED:
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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Listed by Armin Soleimani • Global Platinum Properties, Inc.
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