FULLY PARKED, NEWER ELECTRICAL, AND UPDATED PLUMBING! This well maintained four unit building in South LA offering strong in place income with clear upside potential. Great opportunity to acquire a stabilized asset in a high demand rental area with future value-add possibilities. Sits on a 6,160 SF C2 zoned lot with upgraded copper plumbing, newly renovated interiors, and exterior improvements. Each tenant has a separate private yard, plus four parking spaces in back, one per unit. Potential for ADU development, subject to buyer verification. Close to freeways, public transportation, shopping, and neighborhood amenities. Consistent tenant demand and long-term growth potential.
| MLS # | 26856769 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 48 |
| Listing Provided By | Fred Leeds Asset Group Inc. | Chandler Rockwell |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 1,870 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAC2 |
| Acreage | 0.14 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Sewer | Other |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90061) | |
Price: $699,000 low | high Med: $687,500 sqft: 1,870 low | high Med: 4,710 $ / sqft: $374 low | high Med: $250 On site: 48 low | high Med: 83 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90061) | |
Price: $699,000 low | high Med: $687,500 sqft: 1,870 low | high Med: 4,710 $ / sqft: $374 low | high Med: $250 On site: 48 low | high Med: 83 | |