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Unlock the potential of this prime property, which comes with paid plans and permits, including the letter of RTI for a complete renovation. The property is designed to be transformed into two spacious residences, each featuring 4 bedrooms and over 1,500 square feet of living space. This investment offers a remarkable cap rate of 11%, with the potential for annual revenue of $103,000 while maintaining minimal expenses. Whether you're an experienced investor or looking to enter the real estate market, this opportunity is not to be missed. Don’t miss your chance to make this property your next successful venture!
Last Updated | 9/18/2024 | Year Built | 1922 |
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Community | Downtown L.A. | Garage Spaces | 2.0 |
County | Los Angeles |
Price History
Prior to Aug 28, '24 | $675,000 |
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Aug 28, '24 - Sep 18, '24 | $670,000 |
Sep 18, '24 - Today | $665,000 |
Additional Details
AREA | Downtown L.A. |
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GARAGE | Yes |
LOT | 2375 sq ft |
LOT DESCRIPTION | 2-5 Units/Acre |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
WATER | Public |
ZONING | LAC2 |
Location
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