• 5,147 sq.ft.
  • 7,207 sq.ft. lot
offered at $1,725,000
Status: Active Under Contract // Property Type:
County: Los Angeles // Year Built: 1963

Property Description

GREAT INVESTMENT OPPORTUNITY WITH TREMENDOUS UPSIDE POTENTIAL!!!!!!!! Eight unit multi-family investment property located in the Mid-City neighborhood of Los Angeles, California. The offering sits between Jefferson Blvd and Adams Blvd. in the desirable neighborhood of West Adams. It is a short distance to the burgeoning scene filled with new developments as well as shops, restaurants, and public transportation.The property has 5,147 square feet of rentable space and sits on a 7,207 square foot lot. The property provides tenants with on-site parking. The gas and electricity are both individually metered. The building consist of 7 1 Bd/1 Bth units and 1 2 Bd/ 1 Bth unit. An asset that offers investor an excellent opportunity to purchase a building with rents well below market with the opportunity to create future upside cashflow potential with unit turnover. Bring your 1031X investors.

Listing Courtesy of Marco Otero-Ramirez, Century 21 A Better Service

Exterior Features

Exterior Features: Park, Sidewalks, Storm Drains, Street Lights
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of July 2, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.