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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 895,000

Est. payment | -/mo

4 Beds

4 Baths

4,904 SqFt

Save

$ 895,000

Est. payment | -/mo

Save

4 Beds

4 Baths

4,904 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,904 sqft

Price per Sqft $182

MLS Listing ID 26666377

Bedrooms 4

HOA Y/N No

Year Built 1911

Lot Size 6,128 Sqft

Property Description

Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Heating None

Fireplace No

Exterior

Parking Features Driveway

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5137019020

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Sean Namigohar Lyon Stahl Investment Real Estate, Inc. #01949705

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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1651 W 11th PL Los Angeles, CA 90015