Unlock the potential of this exceptional 3-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 7%+ CAP. rate currently exceeding the average, which is usually below 5%. R3 Zoning is located in a prime area, and… Read More this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential This well-maintained multifamily asset features a desirable unit mix:One-4bed, 2-bath unit, One 2-bed, 2-bath unit, One 1-bed, 1-bath unit. Each unit comes equipped with in-unit washer/dryer hookups, enhancing tenant convenience and rental appeal. The expansive backyard presents an incredible value-add opportunity build an additional 2-unit structure or a spacious ADU for increased rental income. Additionally, rents are currently below market value, offering significant upside potential for investors looking to maximize cash flow. The owners have drawings for proposed plans which they are willing to share with the new owner. Located in a prime area, this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential. Property is tenant-occupied please do not disturb tenants. Read Less
Courtesy of Compass 310-652-6285
Listing Snapshot
Days Online
20
Last Updated
Property Type
Other
Beds
7
Square Ft.
2,847
Lot Size
0.21 Acres
Year Built
1949
MLS Number
25570667
30 Days Snapshot Of 90044
$673k
+4%
(avg) sold price
3
0%
homes sold
87
+45%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,847 sq ft, Built in 1949, Levels: One
Cooling
None
Disclosures
None
Garage
Driveway
Heating
Natural Gas, Wall
Lot
LotAcreage: 0.2066, LotSizeArea: 9,000
Parking
TotalParking: 0
Property
NumberOfUnits: 3, Zoning: LCR320U*
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