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$2,400,000
Est. payment /mo
12 Beds
8 Baths
7,074 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,074 sqft
Price per Sqft $339
MLS Listing ID 26636167
Bedrooms 12
HOA Y/N No
Year Built 1917
Lot Size 0.302 Acres
Property Description
Drive-by only. Do not disturb tenants. Unique multifamily opportunity offering multiple buyer strategies. Existing two-story fourplex with four spacious units, each approximately 1,800 SF and configured as 3 bedrooms / 2 bathrooms. Ideal for owner-occupants seeking residential financing while offsetting mortgage with rental income, or investors looking for stable in-place cash flow. Current actual rents total approximately $147,900 annually (not pro forma). Situated on an approximately 13,146 SF R2 lot within a TOC Tier 3 area, offering significant long-term redevelopment potential. AB 2097 may allow parking reductions. Subject to South Los Angeles CPIO. Buyer to verify all zoning, income, and development potential with appropriate agencies.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Community Features Gated
View Y/N No
View None
Building
Entry Level Two
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5073008011
Security Features Gated Community
Special Listing Condition Standard
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Listed by Fred Doctorovich AFD Realty, Inc.
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