Description
We are proud to present this C2-Zoned, Tri-plex in-between South Park & Central Alameda located just minutes away from USC, SoFi Stadium, DTLA, the Fashion District, LAFC Soccer Stadium-The Fields, USC Village-Trader Joe's and many of LA's best attractions. This 2,469 square foot two story tri-plex was built in 1912 and has a unit mix consisting of (1) 3 bed 1 bath unit, (1) 2 bed 1 bath unit and (1) 1 bed 1 bath unit. The building is sitting on a 5,760 square foot lot with a total of 6 parking spaces in the driveway, situated on this very large lot poised for future additions such as ADU's, or Commercial/mixed use redevelopment and allowing for building up to 3 stories. All tenants are on month-to-month leases, with 1 unit being delivered vacant upon closing, providing owner users or investors incredible upside in rents and a potential to generate a 6.7% pro-forma cap rate.
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7BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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2,469SQFT
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$344$/SQFT
School Ratings & Info
Description
We are proud to present this C2-Zoned, Tri-plex in-between South Park & Central Alameda located just minutes away from USC, SoFi Stadium, DTLA, the Fashion District, LAFC Soccer Stadium-The Fields, USC Village-Trader Joe's and many of LA's best attractions. This 2,469 square foot two story tri-plex was built in 1912 and has a unit mix consisting of (1) 3 bed 1 bath unit, (1) 2 bed 1 bath unit and (1) 1 bed 1 bath unit. The building is sitting on a 5,760 square foot lot with a total of 6 parking spaces in the driveway, situated on this very large lot poised for future additions such as ADU's, or Commercial/mixed use redevelopment and allowing for building up to 3 stories. All tenants are on month-to-month leases, with 1 unit being delivered vacant upon closing, providing owner users or investors incredible upside in rents and a potential to generate a 6.7% pro-forma cap rate.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-12T12:43:44.463. 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.