|
Discover a standout investment in the heart of Los Angeles! This eye-catching, two-story building features 10 in-demand residential units, making it a hot property for the savvy investor. Choose from a mix of one spacious 2-bed, 1-bath unit, eight charming 1-bed, 1-bath units, and a cozy studio. Plus, with four single-car garages available for lease, there's extra income potential.What makes this property irresistible? The vibrant paint job and updated windows make it a prime location for tenants. Most units also feature refreshed interiors and individual water heaters, offering modern comfort. The exterior has seen a major upgrade, with over $200K spent on a seismic retrofit to meet Los Angeles city.Situated close to public transportation, local amenities, and just minutes from Downtown LA, this property is a fantastic opportunity for rental growth. Even better, a twin building next door shares a courtyard with this property and is also up for sale. With two separate APNs, both properties are a package deal. The address of the neighboring building is 8704 S. Central Avenue, MLS: MB24106529This prime investment is on the market now, waiting for a smart investor to snap it up. The seller is willing to negotiate a carryback offer. Don’t miss your chance to add this standout property to your portfolio!
Last Updated | 8/13/2024 | Year Built | 1956 |
---|---|---|---|
Community | Metropolitan South | Garage Spaces | 4.0 |
County | Los Angeles |
Price History
Prior to Aug 13, '24 | $1,599,000 |
---|---|
Aug 13, '24 - Today | $1,598,500 |
Additional Details
AIR | None |
---|---|
AREA | Metropolitan South |
GARAGE | Yes |
HEAT | Natural Gas, Wall Furnace |
LOT | 5063 sq ft |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
UTILITIES | Electric: Standard |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LAC2 |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.