-- Strong cash flow from current tenants at a 7.31% cap rate. -- 2 vacant units (2+1, 1+1) for a new owner to renovate and/or choose their own tenants. -- Value-add potential for up to 7 units by legalizing non-conforming spaces and/or adding ADU units.* -- High… Read More development potential for a +/- 5,460 SF lot zoned R2 near USC and Downtown Los Angeles. -- Property is a duplex on title and is sold on an as-is where-is basis. -- Tenants enjoy the convenience of 7 separate private entrances to the units and 5 parking spaces in front. *Buyer to conduct own due diligence and verify all information that is provided for reference purposes only. Read Less
Property listed by Maher Commercial Realty, Nicole Lu 310-464-1453
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
8
Square Ft.
1,827
Lot Size
0.13 Acres
Year Built
1924
MLS Number
25543155
30 Days Snapshot Of 90062
$774k
+22%
(avg) sold price
5
-37%
homes sold
62
-39%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Building area total: 1,827, Levels: One, Living area: 1827, 1 story, 1 building
Heating
None
Income
Gross income: $101,424, Net operating income: $70,126
Lot
0.1254 acres, 5,462 square feet, Size: 5,462
Parking
5 totals parking, Uncovered
Property
Zoning: LAR2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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