Back on Market Multi Unit - Great potential - 2 units on a large oversized lot, wood construction/stucco, located in the Olivito Heights area of Los Angeles, footsteps from South Bay areas, each unit has 3 bedrooms/2 Bathrooms with washer-dryer connections for laundry in each unit. Outstanding opportunity for investors; own property near the expansive development areas and complexes; Extensive Shopping and retail, home stadium for the Rams and Chargers, new Clipper Stadium, Sofi Stadium, The Kia Forum, easy access to the 110/105/405 freeways and just minutes to LAX, and beach areas, Hermosa, Manhattan and Redondo. The property has a expanded driveway area (gated) with at least 7 off street parking spaces. Each tenant pays their own utilities with separate meters. Both units are currently occupied, tenant #1 is on contract with Section 8, contract expires March 1, 2025, tenant #2 is on a month to month rental agreement, can be vacant with a 30 day notice. This is a great property to add or begin your investment real estate portfolio. The property is being sold in As-Is condition with no repairs being completed. Buyer and Agents to verify all information, all accepted offers are required to submit a loan application with a lender of the Seller's choice. Please do not disturb the current residents. There will be no showings without a submitted offer and verification of the potential Buyer's financial loan approval status, Seller open to Cash offers/1031 exchange transactions.
|
DAYS ON MARKET
|
173
|
LAST UPDATED
|
12/28/2024
|
|
TRACT
|
Olivito Heights
|
YEAR BUILT
|
1934
|
|
COMMUNITY
|
Metropolitan Southwest
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| School District |
Los Angeles Unified |
| AIR |
None |
| APPLIANCES |
Disposal |
| AREA |
Metropolitan Southwest |
| FIREPLACE |
Yes |
| GARAGE |
Driveway |
| HEAT |
Central |
| LOT |
9233 sq ft |
| PARKING |
Driveway |
| STORIES |
1 |
| STYLE |
Other |
| SUBDIVISION |
Olivito Heights |
| VIEW DESCRIPTION |
None |
| ZONING |
LCR320U* |
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Listed with Pacific Playa Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/10/25 7:01 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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