Los Angeles, CA90044
| 2847 sqft | MLS# DW25032679
Tract:
For Sale $1,150,000
Description
Unlock the potential of this exceptional 4-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 6.5% CAP. rate currently exceeding the average which is usually below 5%. R3 Zoning is located in a prime area, and 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: Two 2-bed, 1-bath units 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.
Facts
| Built in 1949 | Lot Size: 9000.00 sqft | HOA Dues: $0/month
Features
Ceiling Fan(s)
Listing provided by Daniel Howard, Compass
Based on information from California Regional Multiple Listing Service, Inc. as of April 25, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
