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$975,000
Est. payment /mo
6,250 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25093551
HOA Y/N No
Year Built 1953
Lot Size 6,250 Sqft
Property Sub-Type Apartment
Property Description
This exceptional investment opportunity features four well-maintained units, each offering 2 bedrooms and 1 bathroom, with approximately 808 square feet of living space per unit. The property comes with approved plans from the City of Los Angeles for the addition of two ADUs, each designed as a 1-bedroom unit with approximately 450 square feet, providing tremendous potential for increased rental income.
The main building boasts a brand new roof, and the electrical panel was upgraded approximately three years ago, ensuring modern infrastructure for future ownership. A coin-operated laundry room adds additional convenience and income potential.
All units are currently occupied by long-term tenants, offering immediate cash flow. Ideally located near schools, shopping, public transportation, and major freeways, this property combines stability, growth potential, and an unbeatable location.
Do not miss the chance to expand your investment portfolio with this rare offering featuring built-in upside and strong rental demand.
The main building boasts a brand new roof, and the electrical panel was upgraded approximately three years ago, ensuring modern infrastructure for future ownership. A coin-operated laundry room adds additional convenience and income potential.
All units are currently occupied by long-term tenants, offering immediate cash flow. Ideally located near schools, shopping, public transportation, and major freeways, this property combines stability, growth potential, and an unbeatable location.
Do not miss the chance to expand your investment portfolio with this rare offering featuring built-in upside and strong rental demand.
Location
State CA
County Los Angeles
Area Sunv - Sun Valley
Zoning LAR3
Interior
Fireplace No
Laundry None
Exterior
Carport Spaces 4
Pool None
Community Features Street Lights, Suburban, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2315021021
Energy Description 305.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Listed by Tracy Dennett • JOHNHART CORP • 626-922-3094