Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 8-unit property offers a unique chance for both seasoned investors and newcomers to the market to capitalize on a coveted neighborhood with immense potential.
Opportunity for long-term appreciation in a market poised for equity.
The Mid-City submarket is experiencing significant growth, with various development projects underway that promise to enhance property values and rental demand. Exciting nearby developments include mixed-use buildings and residential complexes - drawing capital expenditures and infrastructure investment.
The property’s strategic location adds to its appeal. Situated in the vibrant West Adams/Mid-City district, this property enjoys proximity to a wealth of amenities, freeway access, and public transportation. Lively atmosphere filled with restaurants, cafes, and shops—all within walking distance. The area’s rich scene, highlighted by historic landmarks and community events, makes it an attractive location. Notable nearby attractions, provide entertainment and dining options that cater to various tastes.
The surrounding area is known for its strong sense of community, making this property a sound investment for those looking to build equity over time, or capitalize early over the wave of growth Los Angeles’ 2028 Olympics is bringing. This submarket continues to attract renters, buyers, builders, and developers, driven by its central location and diverse lifestyle offerings.
678 days
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44
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2
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Zillow last checked:
Listing updated:
Listed by:
Leonardo AguilarDRE #02051905562-659-2686,
Divinus Real Estate Solutions
Source: CRMLS,MLS#: DW24207518Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 15
Bathrooms: 8
Heating
Wall Furnace
Cooling
None
Appliances
Laundry: Common Area, Inside
Features
Flooring: Carpet, Laminate, Tile, Vinyl
Windows: Insulated Windows, Screens
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 6,065
Total interior livable area: 6,065 sqft
Property
Parking
Total spaces: 7
Parking features: Electric Gate
Uncovered spaces: 7
Features
Levels: Two
Stories: 2
Entry location: Front
Exterior features: Rain Gutters
Pool features: None
Fencing: Chain Link,New Condition
Lot
Size: 6,743 Square Feet
Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Landscaped, Paved
Details
Additional parcels included: N/A
Parcel number: 5067015024
Zoning: LARD1.5
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Custom,Spanish
Property subtype: Mixed Use
Materials
Asphalt, Drywall, Other, Concrete
Foundation: Slab
Roof: Common Roof,Flat,Flat Tile,Mixed,Other,Spanish Tile
Condition
Updated/Remodeled,Turnkey
New construction: No
Year built: 1928
Utilities & green energy
Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
Features: Biking, Curbs, Gutter(s), Street Lights, Sidewalks, Urban