This low maintenance property features an excellent unit mix of one (1) 2 Bed/1.5 Bath townhouse unit and four (4) 3 Bed/2Bath units with ample parking and an on-site laundry room. An incoming investor can capitalize on over 39% upside inpotential gross rent collections in this value-add deal, as rents in the area have continued to skyrocket. The property is on thecorner lot of Acresite Street, right next to an entrance to the Los Angeles Riverwalk, where The North Atwater East BankRiverway Project will transform 2.2 miles of existing asphalt maintenance road into a clearly-marked, multi-use, accessibleriverway from the 134 Freeway to Los Feliz Blvd. Future tenants will have ease of accessing this area for exercise andentertainment, significantly boosting the property’s potential for future rents as the area continues to be one of the mostrapidly.
|
DAYS ON MARKET
|
20
|
LAST UPDATED
|
4/23/2025
|
|
YEAR BUILT
|
1965
|
COMMUNITY
|
Atwater
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Atwater |
| GARAGE |
Assigned |
| HEAT |
Wall Furnace |
| LOT |
10082 sq ft |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
LAR1 |
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Listed with Compass
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 5/13/25 2:30 AM PDT 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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