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Four unit property, great investment property for a First time buyer or investor!!! NOT under LA CITY RENT CONTROL. Three units open for you to set your own rent prices. Live in one and rent the rest. Income generating property opportunity!! It is centrally located and provides easy access to freeways. The property has been well maintained and nicely remodeled over the years. The property has great views. Thousands of dollars in not so obvious upgrades from having all new sewers installed to advanced earthquake retrofitting. Highly desirable neighborhood because of proximity to down town. Please drive by the property, but do not disturb the tenants. Being sold "AS-IS". Buyer to verify all permits and are responsible for conducting their own due diligence for current building and county requirements & restrictions. This is a MONEY MAKING PROPERTY in the next UP & COMING NEIGHBORHOOD.
Last Updated | 10/15/2024 | Year Built | 1924 |
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Community | City Terrace | County | Los Angeles |
Price History
Prior to Oct 15, '24 | $1,500,000 |
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Oct 15, '24 - Today | $1,499,000 |
Additional Details
AREA | City Terrace |
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LOT | 5052 sq ft |
LOT DESCRIPTION | Front Yard, Trees, Yard |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | LCR3* |
Location
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