Outdoor common areasUpdated amenitiesSpanish style architectureWell-maintained unitsComfortable living spaces
This multifamily property is an attractive asset with a total of seven residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offer comfortable living spaces for tenants. Features include: well-maintained units, outdoor common areas and the building has been run by a professional management company. Situated in the heart of Los Angeles, the property benefits from its prime location. The neighborhood offers convenient access to a wide array of amenities, including restaurants, shopping centers, entertainment venues, and public transportation options. Its proximity to major freeways and employment hubs makes it an appealing choice for tenants seeking easy commutes and access to urban conveniences. Investors will find numerous opportunities for income generation and long-term growth with this multifamily property. The strong rental market in Los Angeles, combined with the property's desirable location, ensures a high demand for quality housing. The potential for rental income growth and appreciation make this an attractive investment for both seasoned and new investors looking to expand their portfolios.
96 days
|
57
|
1
|
Zillow last checked:
Listing updated:
Listed by:
Rickird Rey RamirezDRE #01964882818-941-2990,
Ally Commercial Real Estate
Source: CRMLS,MLS#: DW26111998Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 7
Heating
Floor Furnace, Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Included: Gas Oven, Gas Water Heater
Laundry: Common Area, Inside
Features
Flooring: Wood
Common walls with other units/homes: 1 Common Wall
Interior area
Total structure area: 6,157
Total interior livable area: 6,157 sqft
Property
Parking
Parking features: None
Features
Levels: Two
Stories: 2
Entry location: Stairs off sidewalk
Exterior features: Lighting
Pool features: None
Spa features: None
Fencing: Privacy,Security
Lot
Size: 6,500 Square Feet
Features: 6-10 Units/Acre, Rectangular Lot
Details
Parcel number: 5540004003
Zoning: LAR3
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Spanish
Property subtype: Mixed Use
Attached to another structure: Yes
Materials
Foundation: Raised
Roof: Shingle
Condition
Updated/Remodeled
New construction: No
Year built: 1930
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Curbs, Hiking, Storm Drain(s), Street Lights, Sidewalks, Urban
Security: Smoke Detector(s), Window Bars
Location
Region: Los Angeles
Financial & listing details
Price per square foot: $390/sqft
Tax assessed value: $521,010
Date on market: 5/22/2026
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange