Excellent investment opportunity in a desirable Mid City neighborhood! This 8-unit multi-family property is comprised of eight 1-bedroom, 1-bathroom units and offers on-site laundry facilities. The property generates strong current rental income with significant future upside. Ideally located between Venice Boulevard/Washington Boulevard and Fairfax Avenue/La Brea Avenue, this property is close to restaurants, shops, public transportation and the 10 freeway, boasting a walkability score of 82 out of 100. Street parking is available. Mid City is a rapidly developing area of Los Angeles, its central location provides easy access to the Westside, Hollywood and DTLA.
MLS# | 24406227 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1929 |
Days On Site | 84 |
Listing Provided By | The Agency 424-230-3700 | Dennis Chernov |
SQ Feet | 6,808 |
---|---|
Story(s) | 2 |
Units | 8 |
Building(s) | 1 |
Zoning | LARD1.5 |
Acreage | 0.16 |
State | CA |
---|---|
County | Los Angeles |
City | Los Angeles |
Zip Code | 90019 |
Area | C16 Mid Los Angeles |
Listing VS Median (in 90019) | |
Price: $2,999,000 low | high Med: $1,265,000 SqFt: 6,808 low | high Med: 1,276 $ / SqFt: $441 low | high Med: $1,000 On Site: 84 low | high Med: 68.5 |