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This beautifully upgraded two-story 3 units+ADU offers both modern living and exceptional income potential! After purchasing the home, the owner made extensive upgrades, including all-new wall unit AC/heat with remote control in each room, new copper plumbing and electrical system, a brand-new kitchen and bathroom, and new hardwood flooring. Additional improvements include new LED lighting, windows, and stainless steel appliances, as well as fresh interior and exterior paint. The home also features a tankless water heater, two separate electric meters, and two newly built detached garages. The backyard and entire property have been fully renovated, creating a modern and efficient living space. The upstairs unit features 3 bedrooms and 2 bathrooms, while the first-floor units offer two 1-bedroom, 1-bathroom units, providing a total living space of 2,380 sq. ft. With the addition of an approximately 350 sq. ft. ADU, the total livable area expands to 2,730 sq. ft., providing excellent versatility and investment potential. The spacious lot includes parking for up to 7 vehicles and a low-maintenance front and backyard, making it perfect for both investors and homeowners alike. The location couldn't be better! With its proximity to USC, this property is ideal for student rentals or for an owner who wants to reside in one unit while earning rental income from the others. The owner currently occupies a private 1-bed/1-bath unit, which will be delivered vacant, presenting an excellent opportunity to maximize rental income and increase the CAP rate
Property Type(s):
Residential Income
| Last Updated | 3/20/2025 | Year Built | 1906 |
|---|---|---|---|
| Community | Downtown L.A. | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| APPLIANCES | Electric Cooktop, Gas Cooktop |
|---|---|
| AREA | Downtown L.A. |
| GARAGE | Assigned, Door-Multi, Garage, One Space, Yes |
| HEAT | Wall Furnace |
| LOT | 6240 sq ft |
| LOT DIMENSIONS | 50x125 |
| PARKING | Assigned,Door-Multi,Garage,One Space |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| ZONING | LAR4 |
Location
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Listed with Dream Realty & Investments Inc
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