BACK ON THE MARKET! First time on the market in over 50 years! Exceptional value add investment opportunity just minutes from SoFi Stadium. Sitting on a corner lot currently configured as a 3 unit, this unique property offers the potential to convert back to its original 4 unit layout. The spacious owner's unit features a combined 5 bedroom, 2 bath floor plan (Front Unit 3BD/1BA) and (Rear Unit 2BD/1BA with attached garage). This combined unit will be delivered vacant. The 2 upper 1 bedroom, 1 bath units, will both be delivered tenant occupied, providing immediate rental income. The property includes 4 separate addresses, each with their own entrance, as well as 4 separate gas and electric meters, offering excellent flexibility for future improvements. There is an additional detached garage presenting ADU or garage conversion potential, creating even more income possibilities. Recent upgrades include fresh interior paint, new carpet, and an updated roof. Whether you're looking to own a home with built in rental income, expand your investment portfolio, or unlock the property's full potential through restoration to a 4 unit configuration and possible ADU additions, this is an opportunity you won't want to miss. Properties with this combination of location, flexibility, and upside rarely become available. Don't miss your chance to make this gem your own!
26 days
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634
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58
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Zillow last checked:
Listing updated:
Listed by:
Tiffany L. WysingerDRE #02222042310-402-8226,
Keller Williams Realty-Studio City
Source: CRMLS,MLS#: SR26136429Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Rooms
Room types: Kitchen, Laundry, Living Room
Heating
Wall Furnace
Cooling
None
Appliances
Included: Dishwasher, Gas Range, Refrigerator
Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
Ceiling Fan(s), Storage
Flooring: Carpet, Tile
Doors: Panel Doors
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 3,479
Total interior livable area: 3,479 sqft
Property
Parking
Total spaces: 4
Parking features: Direct Access, Door-Single, Garage, Private, Garage Faces Side
Garage spaces: 4
Features
Levels: One
Stories: 1
Entry location: Main House on 83rd
Exterior features: Awning(s), Rain Gutters
Pool features: None
Spa features: None
Fencing: Wrought Iron
Has view: Yes
View description: None
Lot
Size: 5,807 Square Feet
Features: 2-5 Units/Acre, Corner Lot, Front Yard, Lot Over 40000 Sqft, Walkstreet, Yard
Details
Additional structures: Second Garage
Parcel number: 6035013015
Zoning: RD1.5-1
Special conditions: Standard,Trust
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Triplex
Attached to another structure: Yes
Materials
Drywall, Plaster
Roof: Shingle
Condition
New construction: No
Year built: 1927
Utilities & green energy
Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
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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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