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$ 1,595,000
Est. payment | /mo
8 Beds
4 Baths
10,500 Sqft Lot
$ 1,595,000
Est. payment | /mo
8 Beds
4 Baths
10,500 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26150142
Bedrooms 8
Lot Size 10,500 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Great opportunity to purchase an investment property at a price significantly below replacement cost. Comprised of 5units.Offers approximately 8,000 sqft of building area on a 10,500 sqft lot. Tremendous upside in rental income and long-term appreciation in a prime location. The property features four front units all 2 bedroom 1 bathroom. Owners unit consists of two stories, totaling 3 bedrooms 2 bathrooms in total, two living rooms and ample parking. Each unit includes the convenience of in-unit laundry. Several units have been upgraded with split-system HVAC, and the remaining units are equipped with wall A/C units. Currently, 3 of the 5 units are tenant occupied. Owners unit in the back and one front unit will be vacant at close of escrow. This property is an outstanding value-add opportunity for investors looking to maximize returns. The spacious units, strong rental demand, and significant rental upside make this an ideal long-term investment. The property also offers **potential to add an ADU (Accessory Dwelling Unit)**, subject to buyer verification with the City and all applicable governmental agencies, creating an additional opportunity to increase future income.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Hollywood Blvd
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5544012040
Acceptable Financing Cash
Listing Terms Cash
Listed by Pakrad Markarian, DRE#00952259 Remax Optima
Nearby Locations
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1420 Kettner Blvd suite 100, San Diego, California, 92101, USA