Calling all savvy investors: Discover the massive potential of this 5-unit income property in the heart of a vibrant, high-growth pocket of South Los Angeles. Currently comprised of four 1-bedroom units and one 2-bedroom unit, this fully tenant-occupied asset serves as a versatile canvas for a high-yield renovation or a fresh development. While the property shows deferred maintenance, it presents a rare "value-add" opportunity to modernize and maximize rental upside in a high-density urban market. Practicality meets potential with 5 assigned parking spaces accessible via the rear alley, providing a functional foundation for future plans. Nestled in a community celebrated for its rich cultural history and strong historic character, this property is perfectly positioned to benefit from the area's rapid evolution. Situated just minutes from world-class entertainment and transit hubs, including SoFi Stadium, the Kia Forum, and the Intuit Dome, with seamless access to LAX and major freeways, local parks, and shopping. Layout: This unique investment opportunity features 3 separate buildings on a single lot, providing a versatile layout comprised of two 1-bedroom units (left and right buildings) and a detached 2-bedroom unit at the rear. Whether you choose to revitalize the existing structure or leverage the LARD1.5 zoning, this can be a premier choice for significant long-term gains. Interested parties are encouraged to contact LA County to explore the full range of possibilities.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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