Presenting an exceptional opportunity for multifamily investors. This 5,237 SF building, with four spacious units, offers significant value-add potential and is perfectly positioned in a transit zone, huge back lot and 5 garages unlocks the possibility for ADU development. Built in 1928, the property's classic Spanish architectural charm shines through,… Read More high ceilings, large windows with lots of light. Property has been well maintained. This property provides income and the potential for substantial future growth. Situated in a prime location just 1 mile South of La Brea Tar Pits, investors can capitalize on the vibrant local market and the area's strong housing demand. Don't miss the chance to acquire this property with untapped potential in a highly desirable location. Excellent for 1031 exchange buyers, long-term investors, and local owner-operators. Do not disturb tenants. Unit tours available upon accepted written offer. Buyer to conduct their own due diligence and independent investigations. Seller and Broker make no warranties, expressed or implied, as to square footage, unit count, or other information. Interior access will be scheduled following accepted written offer. Read Less
Courtesy of Exp Commercial of California, Inc.
Listing Snapshot
Days Online
17
Last Updated
Property Type
Other
Beds
7
Square Ft.
5,237
Lot Size
0.16 Acres
Year Built
1928
MLS Number
25593397
30 Days Snapshot Of 90019
$1.34M
+6%
(avg) sold price
8
-20%
homes sold
60
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Gas, Built-Ins, Built-Ins, Gas Dryer Hookup
Building
5,237 sq ft, Built in 1928, Levels: One, Spanish
Cooling
Air Conditioning
Disclosures
Trust/Conservatorship
Exterior Features
Combination
Garage
5 total garage spaces, Garage - 4+ Car, Garage Is Detached, Parking Space, Driveway, Carport
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