Opportunity is knocking! 6-unit multifamily investment in the heart of Mid -Wilshire Los Angeles. This beautiful French Normandy charmer sits on a prime 7, 500 Sf, R4, Tier 3 Lot. 1 unit is vacant. These spacious units can easily be reconfigured into 2 bedroom units. The roof was recently replaced. There is a detached 6 car garage with plenty of yard space. Walk 5 minutes to the Wilshire/Western Metro station, footsteps away from trendy restaurants and exclusive shopping. The rents are below market and offer an upside. The R4 lot is located in an Enterprise Zone, CPIO, and TOC; which presents a healthy upside in development. Per LADBS, an ADU & Jr. ADU may be converted out of the existing parking/garage structure. Do not approach the property and do not contact tenants.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
