$1,375,000

Multi Family In Los Angeles

  • 5 Beds
  • 3 Baths
  • 5,254 Sqft lot
  • Updated: Today
  • Source:
    San Diego MLS  MLS#RS26237664

About the Property

We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit. The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing will be adjusted accordingly
We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit. The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing will be adjusted accordingly based on the scope and level of finishes requested. The property is currently vacant and this also adds value because the new buyer will be able to establish market rents day one. The property is zoned LARD 1.5 which may allow up to 8-10 total units, subject to the buyers verification with the city. This creates a strong value-add component and a redevelopment opportunity for the right investor seeking additional density and long-term upside potential. This area has shown tons of growth and lots of business development in the immediate area is good for economic growth. Rendered Pictures are Renderings of the existing structure.
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  • Property type

    Other

  • Floors

    1

Explore the Area

1311 W 38th, Los Angeles, California, United States View on Google Maps
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eXp Realty of Southern CA - San Diego

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eXp Realty of Southern CA - San Diego
California, United States
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eXp Realty of Southern CA - San Diego
San Diego, California, United States
View agency profile
Last updated
Today
First listed
November 5
Listing reference
RS26237664
Listing status
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