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$820,000
Est. payment /mo
7 Beds
4 Baths
2,912 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,912 sqft
Price per Sqft $281
MLS Listing ID 25572337
Bedrooms 7
HOA Y/N No
Year Built 1931
Lot Size 7,557 Sqft
Property Description
Ideally located in the heart of Los Angeles, this well-maintained 3-unit multifamily property in desirable R2 zoning offers exceptional long-term value and reliable rental income. Featuring 2,912 sq ft living space on a generous 7,556 sq ft Lot, the property consists of two comfortable 2Bed/1Bath units and one spacious 3Bed/2Bath two-story unit. One unit has been upgraded with laminated flooring and modern finishes. Each unit is equipped with individual gas and electric meters, minimizing owner expenses, and tenants benefit from a large gated parking area with ample space. Situated in R2 zoning, the property also presents potential for future expansion or redevelopment possibilities ( buyer to verify). Its central location offers unmatched convenience-near Downtown LA, USC, Exposition Park, transit, and major freeways- ensuring consistent rental demand and long-term growth. A great opportunity for investors seeking stability. All tenants have been consistently reliable with their rent payments.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Pool None
View Y/N No
View None
Total Parking Spaces 5
Private Pool No
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5108005017
Financing Cash,Conventional
Special Listing Condition Standard
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Listed by Christine Oam Action Real Estate
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