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$ 1,049,000
Est. payment | /mo
7 Beds
5 Baths
2,847 SqFt
$ 1,049,000
Est. payment | /mo
7 Beds
5 Baths
2,847 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,847 sqft
Price per Sqft $368
MLS Listing ID 25570667
Bedrooms 7
HOA Y/N No
Year Built 1949
Lot Size 8,999 Sqft
Property Description
Unlock the potential of this exceptional 3-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 7%+ CAP. rate currently exceeding the average, which is usually below 5%. R3 Zoning is located in a prime area, and this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential This well-maintained multifamily asset features a desirable unit mix:One-4bed, 2-bath unit, One 2-bed, 2-bath unit, One 1-bed, 1-bath unit. Each unit comes equipped with in-unit washer/dryer hookups, enhancing tenant convenience and rental appeal. The expansive backyard presents an incredible value-add opportunity build an additional 2-unit structure or a spacious ADU for increased rental income. Additionally, rents are currently below market value, offering significant upside potential for investors looking to maximize cash flow. The owners have drawings for proposed plans which they are willing to share with the new owner. Located in a prime area, this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential. Property is tenant-occupied please do not disturb tenants.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LCR320U*
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6076016017
Special Listing Condition Standard
Listed by Patricia Scott Compass
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Sandra Thiel
REALTOR® | Lic# 01874934