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Don't miss this WOOD-FRAME/Brick Façade property (Buyer to Verify) - with 8 incredibly spacious floor plans! This 8-Unit multifamily investment opportunity is located in the heart of Mid-City/Arlington Heights submarket, just south of Pico Boulevard by Arlington. The building measures at 10,610 SF offering prospective renters with floor plans averaging approximately 1,300 SF per unit - and an attractive unit mix consisting of (6) two-bedroom units , and (2) three-bedroom units. Phenomenal value-add potential with approximately 50% in upside in rents from current to market. On-site Parking for 8 cars and In-Unit Washer/Dryers.
Property Type(s):
Residential Income
| Last Updated | 9/18/2024 | Year Built | 1922 |
|---|---|---|---|
| Community | Mid Los Angeles | County | Los Angeles |
Price History
| Prior to Sep 18, '24 | $2,150,000 |
|---|---|
| Sep 18, '24 - Today | $1,900,000 |
Additional Details
| AREA | Mid Los Angeles |
|---|---|
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | LAR3 |
Location
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Listed with Greysteel California, Inc.
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.
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