Description
EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE! This terrific well maintained Craftsman-style 4-plex with great curb appeal consists of 4 large 1 bedroom and 1 bathroom units that are currently being used as 2 bedrooms. Each unit is about 1,000sf. Fantastic location near Convention Center, LA Live, Staples Center and Downtown LA. It provides huge almost 35% upside potential in rents and low maintenance. The units are separately metered for gas and electricity. Each unit has its own water heater. There are detached 5 one-car garages in the back of the property. Additional income $300/month for 2 garages. The property is based in Opportunity Zone providing numerous tax benefits. It is located in fast growing neighborhood near Downtown LA Live Hub, USC, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and provides easy access to 10 and 110 freeways. Drive by only, offers subject to interior inspection. Please DO NOT disturb tenants
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8BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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4,044SQFT
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$267$/SQFT
School Ratings & Info
Description
EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE! This terrific well maintained Craftsman-style 4-plex with great curb appeal consists of 4 large 1 bedroom and 1 bathroom units that are currently being used as 2 bedrooms. Each unit is about 1,000sf. Fantastic location near Convention Center, LA Live, Staples Center and Downtown LA. It provides huge almost 35% upside potential in rents and low maintenance. The units are separately metered for gas and electricity. Each unit has its own water heater. There are detached 5 one-car garages in the back of the property. Additional income $300/month for 2 garages. The property is based in Opportunity Zone providing numerous tax benefits. It is located in fast growing neighborhood near Downtown LA Live Hub, USC, public transportation, new metro lines, schools, libraries, hospitals, shopping centers, entertainment and provides easy access to 10 and 110 freeways. Drive by only, offers subject to interior inspection. Please DO NOT disturb tenants
Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-30T18:42:59.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.