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$1,949,000
Est. payment /mo
11 Beds
4,970 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,970 sqft
Price per Sqft $392
MLS Listing ID CL24473765
Bedrooms 11
HOA Y/N No
Year Built 1928
Lot Size 5,982 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
Great INVESTMENT opportunity in the historical neighborhood of West Adams! Conveniently nestled in an Opportunity zone with tons of future development potential, this four-unit residential building provides an exceptional investment opportunity. Located on a cul-de-sac lot, the property welcomes residents with mature tropical landscaping, a classic stucco exterior, a long-paved driveway, and a gated entry. Cumulatively totaling approximately 4,970 square feet, each 1,242 square foot unit features 4 units, which consist of (1) 2-bedroom, 1-bath unit and (3) 3-bedroom, 2-bath units. Explore the first floor 3BR/2BA unit to find an openly flowing traditional floor-plan, beautiful faux wood flooring, abundant natural light, a neutral color scheme, a large living room, and an updated open concept kitchen with stainless steel appliances, white cabinetry, quartz countertops, and a breakfast bar. Perfectly sized, the primary bedroom also features a deep closet and an attached en suite, while the two guest bedrooms may be ideal for home offices or flex spaces. In addition, this unit also offers a private large over 900 sqft outdoor space that is great for entertaining guests, A/C wall units, and in-unit laundry. Also downstairs, you will find a two-bedroom and 1bathroom unit, as you step inside you are captivated by the organically flowing floor plan, stylish flooring, neutral tones, large living room, and fully equipped kitchens with ample cabinetry, gas ranges/ovens, and dining areas. Offering the possibility of reconfiguration, this unit may be converted into a three-bedroom/two-bathroom floor plan. Upstairs, you will find (2) 3 bedroom, 2bathroom units with mirror image floor plans that boast an openly flowing traditional floor plan, a neutral color scheme, attractive faux wood flooring, a spacious living room, an eat-in kitchen with stainless steel appliances, and a dining area. Each unit offers a primary bedroom with an en-suite and a dedicated closet, in addition to two extra guest bedrooms. Other features of this building: an on-site laundry room, each unit has 2 designated parking spaces, a large shed, and separate gas and electric meters. With proximity, residents can easily venture to Downtown LA or Santa Monica to enjoy shopping, restaurants, and all the amenities that Los Angeles has to offer! Take advantage of the potential tax benefits of this opportunity zone property and schedule your private showing!
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Laundry Dryer, Washer
Exterior
View Y/N false
View None
Total Parking Spaces 8
Building
Water Public
New Construction No
Others
Tax ID 5043002015
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Listed by Ron Anavim • Real Broker
NEARBY SCHOOL & BUSINESS
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