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$645,000
Est. payment /mo
4 Beds
4 Baths
2,332 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,332 sqft
Price per Sqft $276
MLS Listing ID 26107652
Bedrooms 4
HOA Y/N No
Year Built 1953
Lot Size 5,405 Sqft
Property Description
ADU plans SUBMITTED! Fully occupied 4-unit income property in South Los Angeles with major value-add upside. 6605 Denver Ave offers four 1-bedroom / 1-bathroom units across approximately 2,332 SF of living area on a 5,404 SF LAR2-zoned lot. All four units are currently occupied, producing $3,362 per month ($40,339 annually) in actual gross rents with long-term tenancies in place, leaving meaningful room for an investor to grow income over time. The ADU opportunity, with plans SUBMITTED, gives a buyer a clear path to add another income-producing unit and increase the property's value. Built in 1953. Conveniently located near the 110 Freeway, Figueroa St, and Gage Ave with easy access to Downtown LA and USC. An excellent opportunity for an investor seeking stable in-place income today plus built-in upside through the ADU. Buyer to verify all information including ADU plans, permits, and unit details.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry None
Exterior
Parking Features Driveway, Gated, Uncovered
Pool None
Private Pool No
Building
Story 2
Entry Level Multi/Split
Sewer Sewer Tap Paid
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6013018012
Special Listing Condition Standard
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Listed by Chandler Rockwell Fred Leeds Asset Group Inc. #02080782
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