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$ 1,618,000
Est. payment | /mo
6 Beds
2,436 SqFt
$ 1,618,000
Est. payment | /mo
6 Beds
2,436 SqFt
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $664
MLS Listing ID CL24344977
Bedrooms 6
HOA Y/N No
Year Built 1930
Lot Size 3,852 Sqft
Acres 0.09
Property Description
The property consists of four strategically positioned units in the prime West Los Angeles (WLA) area, featuring a unit mix of two 2+1 units and two 1+1 units. Noteworthy amenities include three single-car garages at the rear, accessible through the alley, and an additional off-street parking space in the front. Each unit is equipped with individual meters, and all units have long-term tenants currently paying below-market rents. This property presents a promising opportunity for investors interested in potential development projects. Whether the focus is on adding an Accessory Dwelling Unit (ADU) or gradually adjusting rents to align with market rates, there are various avenues to leverage the property's advantageous location and potential. These strategic measures have the potential to significantly increase the property's overall value over time. However, all potential buyers need to be aware of and thoroughly investigate Los Angeles rent control regulations and restrictions before proceeding with any plans. Understanding these factors is crucial for making informed decisions in the dynamic real estate market of Los Angeles.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Natural Gas
Cooling No Air Conditioning
Fireplace No
Laundry Laundry Room
Exterior
View Y/N false
View None
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 4246025013
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Listed by Ian Hale • RE/MAX ESTATE PROPERTIES
9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States