$1,200,000

Multi Family In Los Angeles

  • 4 Hab.
  • 3 Baños
  • 7,014 Sqft lot
  • Actualizado: Mayo 5
  • 1
  • Fuente:
    San Diego MLS  MLS#OC26027318

Sobre la propiedad

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Presenting 1291 Queen Anne Place, a 5-unit multifamily investment property located in the highly desirable Mid-Wilshire submarket of Los Angeles. Built in 1922/1928, the subject property offers a diverse unit mix comprised of (2) two-bedroom/one-bathroom units and (3) one-bedroom/one-bathroom units while sitting on a optimal sized 7,010 square foot lot. 1291 Queen Anne Place also offers residents
Presenting 1291 Queen Anne Place, a 5-unit multifamily investment property located in the highly desirable Mid-Wilshire submarket of Los Angeles. Built in 1922/1928, the subject property offers a diverse unit mix comprised of (2) two-bedroom/one-bathroom units and (3) one-bedroom/one-bathroom units while sitting on a optimal sized 7,010 square foot lot. 1291 Queen Anne Place also offers residents units with washer and dryer hook ups and ample on-site parking featuring (3) open parking spaces and (4) garage parking spaces. Ideally positioned adjacent to the affluent Miracle Mile neighborhood, the property benefits from proximity to premier employment centers, retail corridors, dining, and entertainment. 1291 Queen Anne Place provides an attractive opportunity for a new owner to implement a value-add strategy through interior renovations and the repositioning of current rents, which are 74% below the market rate. Additionally, the existing garage parking configuration provides an opportunity to capitalize on Californias ADU-friendly legislation through potential garage to ADU conversions. With a combination of strong in-place cash flow, significant upside through modernization, and ADU expansion potential, 1291 Queen Anne Place represents an attractive opportunity in a premier central Los Angeles location.
  • Tipo de propiedad

    Otros

  • Pisos

    2

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1291 Queen Anne, Los Ángeles, California, Estados Unidos Ver en Google Maps
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Kirklen Investment Group - Costa Mesa

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Kirklen Investment Group - Costa Mesa
California, United States
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Kirklen Investment Group - Costa Mesa
Costa Mesa, California, United States
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Última actualización
Mayo 5
Primera publicación
Feb 6
Referencia del anuncio
OC26027318
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