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Attention Investors and Agents. Tenants will relocate. This 3-unit multi-family property is located in close proximity to Downtown LA, this property offers the flexibility to either build or continue collecting rent.This large multi-family dwelling is nearing completion just 10 doors down, enhancing the neighborhood's appeal. Currently configured as a 1-bedroom, it can easily be converted to a 2-bedroom with the addition of a simple door. The kitchen includes a cozy dining area, and there's a convenient indoor laundry room. The property has seen various upgrades over the years, ensuring it's well-maintained. Situated next to the newly revitalized Central Park Recreation Center, residents have access to community pools and recreation rooms. Onsite parking is ample, with direct access at the rear of the property via alley access. The location is unbeatable, with proximity to the Arts District, Fashion District, USC, and a quick commute into Downtown LA. The property has recently passed the LA city inspection, adding peace of mind for potential buyers. Multiple new builds in the immediate area signal ongoing development and increased property value. This is a must-see to appreciate all it offers. Subject to interior inspection. Call with any questions.
Last Updated | 10/1/2024 | Year Built | 1935 |
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Community | Downtown L.A. | County | Los Angeles |
Price History
Prior to Oct 1, '24 | $719,000 |
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Oct 1, '24 - Today | $695,000 |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Downtown L.A. |
GARAGE | Driveway |
LOT | 5748 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
PARKING | Driveway |
POOL DESCRIPTION | None |
SEWER | Sewer Tap Paid |
STORIES | 2 |
UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected, Electric: Standard |
VIEW | Yes |
VIEW DESCRIPTION | Neighborhood |
WATER | Private |
ZONING | LAR2 |
Location
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