Los Angeles CA Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
2,870
Status:
Active
MLS#:
CRCV24076907
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1933
A broker reciprocity listing Courtesy: Laura Ruvalcaba - RE/MAX TOP PRODUCERS Laura Ruvalcaba [email protected]
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Step into a piece of history with this charming mixed-use property 5501 and 5505 Alhambra Ave nestled in the heart of historic El Sereno. Offering a unique blend of commercial and mixed use, this property presents an exceptional opportunity for investors and homeowners alike. This property enjoys a prime location with convenient access to local shops, restaurants, and cultural attractions. Embrace the rich heritage of the area while being just moments away from the bustling city life of Los Angeles. The property features Two APN'S 5220-023-014 & 5220-023-015 Sold Together four residential living units, offering a total of 2,870 square feet of living space and 2,740 square feet lot. Two units boast 2 bedrooms and 1 bathroom each, providing comfortable living quarters for residents. Another unit offers 3 bedrooms and 1 bathroom, 5 Electrical and Gas Meters. Perfect for larger households seeking ample space. Additionally, a detached unit provides privacy with 1 bedroom and 1 bathroom, ideal for rental opportunity. A storefront commercial space APN 5220-023-015 comprising 370 square feet and 5,167 square feet lot presents endless possibilities for entrepreneurs and small business owners. Whether you envision a boutique shop, cafe, or office space, this area offers the perfect canvas

Beds:
n/a
Baths:
Sq.Ft.:
4,714
Status:
Active
MLS#:
CRDW24076478
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Melanie Guillen - Lee & Associates Los Angeles Melanie Guillen [email protected]
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We are pleased to present an 8 multi- unit residential property located in the thriving historic Filipino town community, also known as HiFi, which is known for its diverse culinary scene. It is closely bordered by the eclectic and popular neighborhoods of Silverlake and Echo Park. Its central location provides easy access to the citys amenities and attractions, including a multitude of dining and entertainment options. Built in 1958, this multi-unit investment property, consists of eight units with 7 on-site allocated parking spaces. Each unit features two-bedrooms with 1 bath. Five units will be delivered vacant and are therefore primed for transformation. This property offers the perfect canvas for investors looking to revitalize and enhance rental units in a sought-after location, with an easy to operate cash flow property and long term rent appreciation. The 5 vacant units can be rented at market rents with value-added upgrades that maximize tenant appeal. Schedule a tour or contact us for a financial summary for a breakdown of revenue, expenses, NOI, and cap rate.

Beds:
n/a
Baths:
Sq.Ft.:
6,986
Status:
Active
MLS#:
CL24381279
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1975
A broker reciprocity listing Courtesy: Michael Dixon - NAI Capital, Inc. Michael Dixon [email protected]
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The Baldwin Street Apartments are in a highly desirable location in Lincoln Park, providing easy access to the 5 freeway and is a just a short 10-15-minute drive to popular restaurants, shopping centers, and top-ranked Medical educational institutions. Located in the heart of Lincoln Park, the property is near the University of Southern California Health Sciences Campus Los Angeles County and is conveniently positioned with just a short drive to Burbank, North Hollywood and Glendale. Significant local landmarks within a 20-mile radius include: Griffith Observatory, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. Totaling 9 -units, The Baldwin Street Apartments is a 2-story property, built in 1975. A double lot situated on 7502 square feet of land and a total building size of 6986 square feet, the property features a unique unit mix of eight 1 bed one bath & a singular 4-bedroom 2 bath unit. The units feature wall air conditioning and heating, ceiling fans, vertical blinds and kitchens with quality appliances. There is a large amount of uncaptured potential revenue, including instant additional income when you start charging for laundry and for on-site parking. City has said two ADU could be added to this site. Please confirm with city.

Beds:
n/a
Baths:
Sq.Ft.:
7,438
Status:
Active
MLS#:
CL24380937
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Shiva Mehrdad - Power Brokers Shiva Mehrdad [email protected]
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Exceptional investment opportunity! This 8-unit apartment complex is now available for sale, offering a prime location just minutes from Downtown Los Angeles (DTLA). Situated in a vibrant neighborhood known for its lively nightlife, proximity to freeways, and abundant shopping and dining options, this property is a standout choice for investors seeking to capitalize on the city's bustling urban scene. With its strategic location and strong rental demand, this property promises both immediate and long-term returns. Don't miss this chance to own a piece of LA's dynamic real estate market!

Beds:
n/a
Baths:
Sq.Ft.:
6,755
Status:
Active
MLS#:
CL24381017
Type:
Business Opportunities
Lot size:
0.23 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Melissa Knight - The Hills Premier Realty Melissa Knight [email protected]
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Here's an exceptional opportunity to own a superb property in a highly sought-after location. This building not only boasts low-maintenance upkeep but also offers ease of management, making it an ideal investment choice. The majority of units feature distinctive high vaulted ceilings, enhancing their allure and appeal.This property includes three garages and seven carports, providing ample parking space for residents. With central water heating and separate utility metering, it offers added convenience and efficiency. Additionally, tenants benefit from a dedicated laundry room within the building.Bringing forth immense potential, this property is strategically situated in a central location. It comprises a diverse mix of units, including a spacious 3-bedroom, 1.5-bathroom unit, a comfortable 2-bedroom, 1-bathroom unit, four cozy 1-bedroom, 1-bathroom units, and three single units with 1 bathroom each.Conveniently adjacent to Leimert Park, residents enjoy easy access to public transportation, including trains and buses. Don't let this remarkable investment opportunity slip by!

Beds:
n/a
Baths:
Sq.Ft.:
5,576
Status:
Active
MLS#:
CL24381037
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1938
A broker reciprocity listing Courtesy: Melissa Knight - The Hills Premier Realty Melissa Knight [email protected]
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Experience a truly unique gem nestled in the heart of Leimert Park - a stunning Spanish-style beauty showcasing six impeccably maintained units. Many of these units have been extensively remodeled and upgraded, boasting modern touches like new flooring, granite countertops, and elegantly renovated bathrooms.The building features two spacious 2-bedroom, 1-bathroom units and four generous 1-bedroom, 1-bathroom units. Each residence offers a sizable living room and dining area, with select units boasting decorative fireplaces and higher ceilings for added allure.Moreover, this property offers the convenience of garage parking and on-site leased washer and dryer facilities, further enhancing its appeal to potential tenants.Perfectly positioned in a central location, this investment property grants easy access to shopping centers, diverse dining options, and entertainment hubs, solidifying its attractiveness to renters. This rare opportunity in the vibrant Leimert Park area won't linger on the market for long.

Beds:
n/a
Baths:
Sq.Ft.:
3,615
Status:
Active
MLS#:
CRAR24076130
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1961
A broker reciprocity listing Courtesy: Justin McCardle - Growth Investment Group Pasade Justin McCardle [email protected]
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Look no more! We are proud to present this charming 6-unit apartment building, which includes a Single-Family House in front and 5 apartments in the rear. This Highland Park complex presents a lucrative value-add investment opportunity in a prime location. The property has a desirable layout that contributes to ease of management and operational efficiency, making the property a great addition to first time investors or seasoned owners adding to the portfolio. The SFR in the front is 2 bed / 1 bath, and all the units in the back building are 1 bed / 1 bath. This asset is individually metered for gas / electricity and has individual water heaters in each unit. This Value-Add property has 40% upside in rents, and Highland Park has seen significant growth over the last 10 years and shows no sign of slowing down! This market attracts a diverse demographic, including young professionals, families, and students, ensuring consistent demand for rental units. The property offers a commuter friendly location with a short distance to the 110 fwy and close to the Highland Park & South Pasadena Metro Gold line stop. Property was built in 1940 & 1961.

Beds:
n/a
Baths:
Sq.Ft.:
4,757
Status:
Active
MLS#:
24380891
Type:
Other
Lot size:
0.29 Acres
Year built:
1961
Courtesy: Michael R. Fukushima - Keller Williams Downtown LA Michael R. Fukushima
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Unique investment opportunity for a 20 room motel! Repurpose the property for emergency shelter for the unhoused, convert the property for permanent supportive affordable housing, or redevelop the property to take advantage of the superior zoning or the new ED-1 incentives. The property is a closed motel with 20 rooms and a management office. The total building area is 4,757 Sq. Ft. on a 12,612 Sq. Ft. lot zoned LAC2. The property is located on the North West corner at the intersection of West 108th St. and Broadway near the 110 Freeway. The property is also accessible by an alley. Please note that the Motel is closed and completely fenced off. Do not walk on property, drive by only!

Beds:
n/a
Baths:
Sq.Ft.:
4,757
Status:
Active
MLS#:
CL24380891
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1961
A broker reciprocity listing Courtesy: Michael R. Fukushima - Keller Williams Downtown LA Michael R. Fukushima [email protected]
View additional info

Unique investment opportunity for a 20 room motel! Repurpose the property for emergency shelter for the unhoused, convert the property for permanent supportive affordable housing, or redevelop the property to take advantage of the superior zoning or the new ED-1 incentives. The property is a closed motel with 20 rooms and a management office. The total building area is 4,757 Sq. Ft. on a 12,612 Sq. Ft. lot zoned LAC2. The property is located on the North West corner at the intersection of West 108th St. and Broadway near the 110 Freeway. The property is also accessible by an alley. Please note that the Motel is closed and completely fenced off. Do not walk on property, drive by only!

Beds:
n/a
Baths:
Sq.Ft.:
4,757
Status:
Active
MLS#:
24380891
Type:
Business Opportunities
Lot size:
0.29 Acres
Year built:
1961
Listing Agent: Michael R. Fukushima CalDRE: 01380445 - Keller Williams Downtown LA Michael R. Fukushima CalDRE: 01380445
View additional info

Unique investment opportunity for a 20 room motel! Repurpose the property for emergency shelter for the unhoused, convert the property for permanent supportive affordable housing, or redevelop the property to take advantage of the superior zoning or the new ED-1 incentives. The property is a closed motel with 20 rooms and a management office. The total building area is 4,757 Sq. Ft. on a 12,612 Sq. Ft. lot zoned LAC2. The property is located on the North West corner at the intersection of West 108th St. and Broadway near the 110 Freeway. The property is also accessible by an alley. Please note that the Motel is closed and completely fenced off. Do not walk on property, drive by only!

Beds:
n/a
Baths:
Sq.Ft.:
5,335
Status:
Active
MLS#:
CRDW24075998
Type:
Business Opportunities
Lot size:
0.22 Acres
Year built:
1890
A broker reciprocity listing Courtesy: Jose Martinez - New Century Realty Jose Martinez [email protected]
View additional info

Two Adjacent Lots in the middle of Boyle Heights Corner of First St and Mott, one block east of First and Soto.Lot One consist of a Duplex 2 Bedrooms one Bath and a I Bedroom 1 Bath. Lot Two consists of a Commercial Building at the Corner of First and Mott attached to a Triplex. Great Opportunity to own income property and a great piece of Land for future development .

Beds:
n/a
Baths:
Sq.Ft.:
4,032
Status:
Active
MLS#:
CRDW24075934
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1909
A broker reciprocity listing Courtesy: Tomas Briseno - Century 21 A Better Service Tomas Briseno [email protected]
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Attention!! A Rare Investment for the Savvy Investor!!!This isn't your average multi-unit offering. 3522 Maple Ave presents a unique opportunity to acquire a charming 5-unit building in a Trendy Los Angeles location. This property is for those who take pride in craftsmanship and appreciate potential. Boasting high ceilings, generous square footage (4,032 sq ft!), and a classic architectural style, this well-maintained building offers a solid foundation for your vision. Here's what sets this opportunity apart: Unleash Hidden Potential: Renovate and personalize the spacious units, maximizing future value. Built to Last: Enjoy peace of mind with a recent copper plumbing upgrade (2019). Prime Location: Nestled in an up and coming LA neighborhood, residents will enjoy easy access to the city's vibrancy. While all information is presented in good faith, verification for all details is recommended before purchase.

Beds:
n/a
Baths:
Sq.Ft.:
3,224
Status:
Active
MLS#:
CRPW24074864
Type:
Business Opportunities
Lot size:
0.33 Acres
Year built:
1924
A broker reciprocity listing Courtesy: Louie Olvera - Homequest Real Estate Louie Olvera [email protected]
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Here we have a nice 5 units, consisting of 3 - 2bed 1 bath units & 2 - 1 bed 1 bath units on a huge double lot of 14,290 sqft. 4 units are on the left side of the lot with 4 one car garages in the rear of the lot with alley access. Two front units are of 2 bed and the rear units are 1 bed. The unit to the right is the larger 2 bed unit and has sits on its own lot separated by a fence. All with separate gas & electric meters. All units are occuppied. This property has lots of potential with the double lot and rents have upside. Please do not disturb teants. Interior pictures of all the units in supplements.

Beds:
n/a
Baths:
Sq.Ft.:
2,458
Status:
Active
MLS#:
CL24380751
Type:
Business Opportunities
Lot size:
0.11 Acres
Year built:
1921
A broker reciprocity listing Courtesy: Archie Robb - Keller Williams Realty La Canada Flintridge Archie Robb [email protected]
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KW Commercial proudly presents 2641 Riverside Terrace, an exquisite bungalow-style apartment community comprising six units, ideally situated in the highly sought-after Silver Lake neighborhood of Los Angeles. This unique property offers a diverse unit mix, including a spacious 3-bedroom/2-bathroom unit, three comfortable 1- bedroom units, and two charming single units. Parking is provided with three 1-car garages. Each unit in this meticulously maintained building showcases a distinctive layout and design, seamlessly blending vintage charm with modern amenities. These units feature updated kitchens equipped with stainless steel appliances, and stylish bathrooms. The inclusion of mini split air conditioning units ensures highly efficient heating and cooling in each unit. A standout feature of this property is the private enclosed outdoor spaces, offering tenants a tranquil retreat for relaxation and entertainment. Sitting on a 4,800 square foot lot, this 1921 property underwent a comprehensive renovation in 2020, both inside and out. The renovation included new flooring, kitchens, bathrooms, tile work, hardscaping, stucco, and more, ensuring a modern living experience while preserving its timeless charm. The property is situated in Silver Lake, surrounded by cafes, entertainment

Beds:
n/a
Baths:
Sq.Ft.:
4,860
Status:
Active
MLS#:
CL24380129
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1924
A broker reciprocity listing Courtesy: Pouya Nazarian - New Western Pouya Nazarian [email protected]
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6-unit charmer in Mid-city for an owner-user or an investor with a vacant 2 bed for sale!! It currently has a great income but has room to add more with the vacant unit! There are two separate buildings on one lot, the 4 units in the front are 2 bed 1 bath, and the two units in the back building are 1 bed 1 bath. Total of 6 parking spaces. Washer & Dryer on site to have an additional $200 per month. Two of the units are remodeled. Ask the seller's agent regarding the assumable financing. Call now before this one is gone!!

Beds:
n/a
Baths:
Sq.Ft.:
5,724
Status:
Active
MLS#:
CRSR24074723
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1990
A broker reciprocity listing Courtesy: Salar Farshchi Tabrizi - Equity Union Salar Farshchi Tabrizi [email protected]
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We are pleased to present for sale this Fully Remodeled, mid-rise, true pride of ownership 9-unit multi-family apartment complex located in the East Hollywood area at 601 North Normandie Avenue. ALL 9 UNITS WILL BE DELIVERED VACANT AT COE! All New Plumbing, All New Electrical, New Fire Sprinkler System, New Roofing, All New Dual Pane Windows, New Central A/C & Heating units, All New Energy Saving LED recessed lights, New smooth stucco, New doors, New Iron handrails, New Kitchen. Built in 1990, this property is a truly unique investment opportunity that is not subject to Los Angeles City Rent Stabilization Ordinance rent control. Amenities include central heating and air, granite counter tops, vinyl floors, controlled access, gated, tankless water heaters, separately metered for gas and electric, stainless steel appliances, sprinkler system, secured parking for approximately 12 spaces, laundry facilities on premises. The subject property sits on a lot size of approximately 7,353 square feet and the building square feet is approximately 5,724 square feet. Unit mix consists of nine (9) one bedroom, one bath apartments, currently used as Short Term Rentals. Call Listing Agents for details and showings. Smack middle Hollywood and Downtown LA. Few blocks away from Mid-Wilshire, close t

Beds:
n/a
Baths:
Sq.Ft.:
3,763
Status:
Active
MLS#:
CL24372277
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1916
A broker reciprocity listing Courtesy: Cesar Sanchez - Compass Cesar Sanchez [email protected]
View additional info

Front house is vacant and on a lock box. Property has 5 units on a large lot. 2 homes upfront and three 1-bed units in the rear. 4 Garages. Added income from the garage is $200 a month.

Beds:
n/a
Baths:
Sq.Ft.:
10,948
Status:
Active
MLS#:
CL24380519
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Barak Cassilly - Kidder Mathews of California, Inc. Barak Cassilly [email protected]
View additional info

The Park View 21 consists of 3 street level commercial units + 18 residential studios. Delivered with 3 VACANT residential units, the property provides an owner the opportunity to add immediate value through a renovation and lease-up process. Situated on the Northeast corner of Park View St and 11th St, this building is strategically located in the rapidly changing Pico Union submarket adjacent to Downtown LA. This pocket has become increasingly sought after by tenants for its proximity to Downtown LA, Koreatown, and the high-density composition of the neighborhood. Seller is open to discussing Seller financing scenarios. Contact the listing team for additional information.

Beds:
n/a
Baths:
Sq.Ft.:
5,200
Status:
Active
MLS#:
CRSR24074637
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Valodia Derdanielian - Central Realty Valodia Derdanielian [email protected]
View additional info

RTI, Ready to start construction for 6 units Existing 2 Br and 1 bath with approved plans for 6 units 4 Three Bedrooms 2 Bath and 2 Two bedrooms 2 Bath. Located in dense rental area. Rents per Section 8: 3BR 2 Ba $3915 Rents per Section 8: 2 BR 2 BA $3052 All information based on approved plan. Buyer and buyer agent to verify all information. sellers not responsible on accuracy of information

Beds:
n/a
Baths:
Sq.Ft.:
5,634
Status:
Active
MLS#:
CL24373459
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
1934
A broker reciprocity listing Courtesy: Ki Seon Im - Ivy Realty Co. Ki Seon Im [email protected]
View additional info

Welcome to this charming 8-unit apartment building boasting classic Spanish style architecture in the coveted Country Club Park neighborhood. Only 8 Unit Apt nestled amidst tranquil single-family homes, this impeccably managed property offers a tranquil setting gated off at Pico Boulevard. Built in 1934 on a generous 10,491 sqft lot, it presents significant income potential with rents currently below market value. Six out of seven garages offer additional rental income opportunities. The property features newly landscaped gardens with lush turf, rose trees, and new trees, newly beautiful paint, alongside upgraded garages, driveways, and surveillance systems. Each unit is equipped with separate gas and electric meters. One unit has recently undergone tasteful remodeling with new appliances. Passed housing inspection in Oct 2023. Enjoy easy access to the 10 freeway, Mid-Wilshire, Koreatown, and Downtown LA. Fully leased with stable income and promising future prospects, this investment opportunity is not to be missed. One unit will be delivered vacant at C.O.E. Please refrain from entering the property and disturbing the occupants.

Beds:
n/a
Baths:
Sq.Ft.:
6,840
Status:
Active
MLS#:
CRSR24074156
Type:
Mixed Use, Business Opportunities
Lot size:
0.15 Acres
Year built:
1922
A broker reciprocity listing Courtesy: James Pearson - Berkshire Hathaway HomeServices California Properties James Pearson [email protected]
View additional info

Welcome to a rare gem nestled in the historic heart of Boyle Heights, Los Angeles. This mixed-use property offers a unique investment opportunity at the vibrant intersection of 1st Street and Breed Street, directly accessible from the Soto Station's Gold Line. Linking Boyle Heights to iconic neighborhoods like Arts District, Chinatown, Highland Park, and Pasadena, this location boasts unparalleled connectivity and accessibility. Comprising three retail spacesa market, a beauty salon, and a charming eateryalongside four cozy apartments, each featuring 1 bedroom and 1 bathroom, this property spans 6,840 square feet. Positioned on a generous 6,536 square feet corner lot, zoned LAC2, the potential for development or enhancement is immense. Boyle Heights is experiencing a resurgence, fueled by its strategic position bridging Los Angeles's Eastside and Downtown areas. The existing four-plex and trio of commercial storefronts generate steady income, presenting a solid foundation for future upgrades or construction projects. Investigate the details and permits in tandem with the Boyle Heights Community Plan, designed to foster growth and diversity around transit hubs, supporting local businesses and enhancing public spaces. This is not merely an investment opportunity; it's a chanc

Beds:
n/a
Baths:
Sq.Ft.:
6,840
Status:
Active
MLS#:
SR24074156
Type:
Retail, Mixed Use, Business Opportunities
Lot size:
0.15 Acres
Year built:
1922
Listing Agent: James Pearson CalDRE: 00817566 - Berkshire Hathaway HomeServices California Properties, 818-601-2260
View additional info

Welcome to a rare gem nestled in the historic heart of Boyle Heights, Los Angeles. This mixed-use property offers a unique investment opportunity at the vibrant intersection of 1st Street and Breed Street, directly accessible from the Soto Station's Gold Line. Linking Boyle Heights to iconic neighborhoods like Arts District, Chinatown, Highland Park, and Pasadena, this location boasts unparalleled connectivity and accessibility.Comprising three retail spacesa market, a beauty salon, and a charming eateryalongside four cozy apartments, each featuring 1 bedroom and 1 bathroom, this property spans 6,840 square feet. Positioned on a generous 6,536 square feet corner lot, zoned LAC2, the potential for development or enhancement is immense. Boyle Heights is experiencing a resurgence, fueled by its strategic position bridging Los Angeles's Eastside and Downtown areas. The existing four-plex and trio of commercial storefronts generate steady income, presenting a solid foundation for future upgrades or construction projects. Investigate the details and permits in tandem with the Boyle Heights Community Plan, designed to foster growth and diversity around transit hubs, supporting local businesses and enhancing public spaces. This is not merely an investment opportunity; it's a chance to become part of Boyle Heights' rich tapestry, steeped in residential charm and cultural significance. Family-owned for generations, this property carries with it a legacy of community stewardship and potential for transformation. Whether you seek to invest, occupy, or embark on a mixed-use development journey, this is your invitation to join the heartbeat of one of Los Angeles's most notable neighborhoods.

Beds:
n/a
Baths:
Sq.Ft.:
6,816
Status:
Active
MLS#:
CRPW24073550
Type:
Business Opportunities
Lot size:
0.18 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Vivienne Tran - Cali Home Realty Vivienne Tran [email protected]
View additional info

This is an exceptional investment opportunity in the Los Angeles El Sereno area. This well-maintained property features 6 spacious units, each offering a comfortable 3 bedrooms, 2 bathrooms and 1,136 square feet of living space. This property also boasts a shared community laundry facility and carport covered parking for residents. Located in a desirable area nestled between DTLA and Pasadena, this property presents an ideal combination of comfort and convenience, attracting tenants seeking quality living spaces. Near USC, DTLA and a lot of the amenities of LA, you wont have a problem finding quality renters in this area.

Beds:
n/a
Baths:
Sq.Ft.:
10,261
Status:
Active
MLS#:
CRAR24073415
Type:
Business Opportunities
Lot size:
0.25 Acres
Year built:
2019
A broker reciprocity listing Courtesy: Amy Wang - Coldwell Banker George Realty Amy Wang [email protected]
View additional info

Newer custom townhouse style apartments with so many upgrades. Drive up and be taken in by the modern chic building. Enjoy the modern amenities with a spacious floor plan. Located just a few blocks from USC, Exposition Park, the Coliseum Natural History Museum, LA Memorial Coliseum and a short commute to DTLA. This location is so close to USC Campus and just a short commute into DTLA. Energy Efficient Central AC/Heat system. -Balcony. -Water resistant vinyl wood floors. -Gray Shaker cabinets with quartz countertops. -LED energy efficient recessed lighting. -In unit stackable washer and dryer -Stainless steel appliances included (refrigerator, stove & dishwasher). -Two gated/secure parking spaces. -Gated secure building with cameras. Spectrum Internet (200mps) & Cable included for tenants.

Beds:
n/a
Baths:
Sq.Ft.:
2,886
Status:
Active
MLS#:
CL24379601
Type:
Business Opportunities
Lot size:
0.13 Acres
Year built:
1949
A broker reciprocity listing Courtesy: Obie Nwabuzor - Pacific Playa Realty Obie Nwabuzor [email protected]
View additional info

Welcome to an exceptional investment opportunity in the heart of West Adams! This fully occupied one-level 8-unit building, formerly a motel, presents a rare chance for investors, end-users and developers alike to capitalize on its unlimited development potential. Comprising seven generously sized single units and one 1-bedroom unit, each equipped with separate kitchen and bathroom, this property is meticulously maintained and ready for its next chapter. Situated on a corner lot in a mixed-use zone in the Archbishop Carl Bean Square, the building offers ample parking directly in front, as well as yard space behind. This property enjoys close proximity to a myriad of amenities, including dining options, the new Costco, light rail public transportation, and more which provides easy access for potential occupants, making it a highly desirable rental destination. With room for rental growth and promising returns on investment, this property presents a lucrative opportunity for savvy buyers. Additionally, its Tier 3 classification and CM-2D-CPIO zoning unlock a world of development possibilities, including potential use as Airbnb units. Pro forma rent is available, showcasing the lucrative potential of this investment. Please note that occupants should not be disturbed, and viewings a

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