$1,680,000
$1,800,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
5,960 SqFt
SOLD DATE : 04/12/2024
Key Details
Sold Price $1,680,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,960 sqft
Price per Sqft $281
MLS Listing ID 24360647
Sold Date 04/12/24
Bedrooms 12
HOA Y/N No
Year Built 1953
Lot Size 8,028 Sqft
Acres 0.1843
Property Description
Welcome to a meticulously maintained six-unit building, where opportunity meets prime location! With a remarkable thirty percent upside potential in rents, this property presents an exceptional opportunity for savvy investors seeking to maximize returns. There is also an exciting opportunity to convert the existing garage space into additional dwelling units (ADUs), thereby expanding its income-generating potential and meeting the growing demand for housing in the area. Situated just steps away from the Orange Line and surrounded by a vibrant array of shops, cafes, and restaurants, this property embodies the essence of urban living at its finest. Property being sold as-is.
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Zoning LAR3
Interior
Fireplace No
Exterior
Garage Garage
Parking Type Garage
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2348001026
Special Listing Condition Standard
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Bought with Nesim Hason • Blue Flamingo Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "