Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units,… Read More many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity. Read Less
Courtesy of Coldwell Banker Realty, , .
Listing Snapshot
Days Online
8
Last Updated
Property Type
Res Income 2-4 Units
Beds
8
Year Built
1922
MLS Number
25561443
30 Days Snapshot Of 90019
$1.49M
-2%
(avg) sold price
3
-62%
homes sold
43
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 0, Living area: 0
Lot
Size area: 0.3022
Property
Property subtype: Res Income 2-4 Units, Property type: Residential Income
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Source: San Diego MLS
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