The subject property is a Mid-City compound located in a desirable pocket for renters and homeowners alike. The complex consists of 5 units with an excellent mix of 3(2+1)'s and 2(1+1)'s. The structure contains 3,909 square feet and is situated on a large 8,273 square foot lot, zoned LAR2. The… Read More income is significantly below market which is an opportunity for a creative investor to deploy a tenant buyout program as well as capitalize upon tenant turnover. The current income is $6,354 per month and the annual income is over $76,000 annually. This long-term investment will not last. This is a prime asset in the middle of the LA, with access to Metro, DTLA, USC and the trendy upscale restaurants and bars in Mid-City. Read Less
Courtesy of McAlpin & Company 310-437-4172
Listing Snapshot
Days Online
82
Last Updated
Property Type
Other
Square Ft.
3,909
Lot Size
0.19 Acres
Year Built
1931
MLS Number
26641143
30 Days Snapshot Of 90016
$750k
-12%
(avg) sold price
5
-44%
homes sold
69
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
3,909 sq ft, Built in 1931, Levels: Two
Cooling
None
Disclosures
As Is
Garage
Garage - 4+ Car
Heating
Wall
Lot
LotAcreage: 0.19, LotSizeArea: 8,275
Parking
TotalParking: 5
Property
NumberOfUnits: 5, Zoning: LAR2
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