See all 2 photos
2 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,500,000
Est. payment /mo
14 Beds
8 Baths
6,629 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 6,629 sqft
Price per Sqft $226
MLS Listing ID 25512781
Bedrooms 14
HOA Y/N No
Year Built 1959
Lot Size 0.262 Acres
Property Description
Our Team is delighted to present an exceptional investment opportunity: a fully occupied, 8-unit apartment complex nestled in the historic Hyde Park neighborhood of Los Angeles. This property (2 buildings on 1 parcel) offers a harmonious blend of strategic location and significant growth potential, making it a prime asset for apartment investors. Prime Location with Unmatched Connectivity Situated within walking distance to the Fairview Heights K Line Metro Station. * No Soft-Story Retrofit Requirement as per LADBS record* Certificate of Occupancy for 8 units with 8 parking spaces * Property passed city inspection 10/24/2024 * windows replaced, facia replaced, stairs repaired * multi-generational ownership, long time holders * Approximately +- 50% upside in rents ! *Possible addition of 2 ADU's to boost income (buyer to verify with the city) *Expansive lot | 11,418 Sq ft , TOC Tier 3 *Connect with us for more information on this prime long term investment opportunity . . .
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Detached Carport
Pool Fenced
Community Features Gated
View Y/N Yes
Attached Garage No
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4006019010
Security Features Gated Community
Special Listing Condition Standard
Read Less Info
Listed by Kevin Kawaoka • NAI Capital, Inc.