Value-add opportunity with substantial rental upside and ADU expansion potential in Los Angeles’ Carthay neighborhood. This 12-unit apartment building features ten one-bedroom units and two studios across approximately 8,578 SF, secured entry and rear alley access. RTI plans for six additional ADUs offer a potential expansion to 18 units, subject to buyer verification. The property offers multiple
Value-add opportunity with substantial rental upside and ADU expansion potential in Los Angeles’ Carthay neighborhood. This 12-unit apartment building features ten one-bedroom units and two studios across approximately 8,578 SF, secured entry and rear alley access. RTI plans for six additional ADUs offer a potential expansion to 18 units, subject to buyer verification. The property offers multiple paths to income growth and value creation. Seller financing available; amount, rate and term are negotiable.
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Property type
Apartment
Year built
1950
Price/sqft
$256
Features
Mountain View
Investment Property
City View
Gate
Explore the Area
1215 S Fairfax, Los Angeles, CA 90019, California, United States
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