This 9-unit multifamily property is a prime investment opportunity, offering diverse rental options across three buildings. The front building features four cozy 1-bedroom units. At the center of the property is a charming stand-alone cottage. The back building houses four fully-renovated studios, each upgraded with laminate floors, new cabinets, fresh… Read More paint, and new appliances. Two studios come with dedicated parking spaces. A shared community garden adds charm and a sense of community within the urban landscape.For investors looking to maximize returns, the front building includes a 7-foot crawl space, offering potential to convert into two additional ADU units. Buyer to investigate. With a total of 9 existing units and room for further development, this property is an exceptional opportunity for long-term rental income. Read Less
Property listed by Keller Williams Larchmont, Tiffany Chin 323-762-2600
Listing Snapshot
Days Online
28
Last Updated
Property Type
Other
Beds
9
Square Ft.
4,558
Lot Size
0.16 Acres
Year Built
1925
MLS Number
24470737
30 Days Snapshot Of 90026
$1.75M
+13%
(avg) sold price
17
+13%
homes sold
65
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living area: 4558, Built in 1925, Building area total: 4,558, Levels: Two, 2 stories, 3 buildings, Architectural style: Victorian, Construction materials: Frame, WoodSiding
Appliances & Equipment
Dryer, Washer
Cooling
CentralAir
Floors
Laminate, Vinyl
Heating
Central, HeatPump, WallFurnace
Income
Gross income: $11,647, Net operating income: $103,407
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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