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$ 630,000
Est. payment | /mo
2,100 SqFt
$ 630,000
Est. payment | /mo
2,100 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $300
MLS Listing ID CL26813121
HOA Y/N No
Year Built 1913
Lot Size 7,143 Sqft
Acres 0.164
Property Sub-Type Other
Property Description
Calling all savvy investors: Discover the massive potential of this 5-unit income property in the heart of a vibrant, high-growth pocket of South Los Angeles. Currently comprised of four 1-bedroom units and one 2-bedroom unit, this fully tenant-occupied asset serves as a versatile canvas for a high-yield renovation or a fresh development. While the property shows deferred maintenance, it presents a rare "value-add" opportunity to modernize and maximize rental upside in a high-density urban market. Practicality meets potential with 5 assigned parking spaces accessible via the rear alley, providing a functional foundation for future plans. Nestled in a community celebrated for its rich cultural history and strong historic character, this property is perfectly positioned to benefit from the area's rapid evolution. Situated just minutes from world-class entertainment and transit hubs, including SoFi Stadium, the Kia Forum, and the Intuit Dome, with seamless access to LAX and major freeways, local parks, and shopping. Layout: This unique investment opportunity features 3 separate buildings on a single lot, providing a versatile layout comprised of two 1-bedroom units (left and right buildings) and a detached 2-bedroom unit at the rear. Whether you choose to revitalize the existing structure or leverage the LARD1.5 zoning, this can be a premier choice for significant long-term gains. Interested parties are encouraged to contact LA County to explore the full range of possibilities.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Vinyl
Fireplace No
Exterior
View Y/N false
View None
Building
Lot Description Other, Back Yard, Front Yard
Water Other
New Construction No
Others
Tax ID 6020015014
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Listed by Rena Braud • Compass
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