$965,000
Priced attractively with clear value-add potential, this 7-unit multifamily property in Los Angeles consists of three separate early-1900s buildings situated on an oversized 8,223 sq ft lot, a notable footprint for the submarket. The property is currently operated with long-term, stable tenants, providing immediate in-place cash flow, while offering meaningful upside through renovation, repositioning, and/or redevelopment. The site layout and lot size present strong potential for a creative owner or developer to explore additional density, including ADUs or a potential ED1 development strategy (buyer to verify).
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Listed by Jeremy Brown with Brown Realty (818) 971-9331
Property Type
Apartment
Status
Active
MLS Number
SR26015427
Year Built
1904
Lot Size
8,224 sq ft