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$ 1,980,000
Est. payment | /mo
4,558 SqFt
$ 1,980,000
Est. payment | /mo
4,558 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,558 sqft
Price per Sqft $434
MLS Listing ID CL24473480
HOA Y/N No
Year Built 1925
Lot Size 6,906 Sqft
Acres 0.16
Property Description
This 9-unit multifamily property is a prime investment opportunity, offering diverse rental options across three buildings. The front building features four units: two spacious studio units and two 1-bedroom units. At the center of the property is a charming standalone cottage. The back building houses four fully-renovated studios, each upgraded with laminate floors, new cabinets, fresh paint, and new appliances. Two studios come with dedicated parking spaces. A shared community garden adds charm and a sense of community within the urban landscape. For investors looking to maximize returns, the front building includes a 7-foot crawl space, offering potential to convert into two additional ADU units. Buyer to investigate. With a total of 9 existing units and room for further development, this property is an exceptional opportunity for long-term rental income.
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Heating Heat Pump, Other, Wall Furnace
Fireplace No
Exterior
Total Parking Spaces 2
Building
New Construction No
Others
Tax ID 5159004017
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Tiffany Chin • Keller Williams Larchmont
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com