Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 7-unit property offers a unique chance for both seasoned investors and newcomers to the market to capitalize on a coveted neighborhood with immense potential.Opportunity for long-term appreciation in a market poised for equity.The Mid-City submarket is experiencing significant growth, with various development projects underway that promise to enhance property values and rental demand. Exciting nearby developments include mixed-use buildings and residential complexes - drawing capital expenditures and infrastructure investment.The property’s strategic location adds to its appeal. Situated in the vibrant West Adams/Mid-City district, this property enjoys proximity to a wealth of amenities, freeway access, and public transportation. Lively atmosphere filled with restaurants, cafes, and shops—all within walking distance. The area’s rich scene, highlighted by historic landmarks and community events, makes it an attractive location. Notable nearby attractions, provide entertainment and dining options that cater to various tastes.The surrounding area is known for its strong sense of community, making this property a sound investment for those looking to build equity over time, or capitalize early over the wave of growth Los Angeles’ 2028 Olympics is bringing. This submarket continues to attract renters, buyers, builders, and developers, driven by its central location and diverse lifestyle offerings.
|
DAYS ON MARKET
|
27
|
LAST UPDATED
|
10/21/2024
|
|
YEAR BUILT
|
1928
|
COMMUNITY
|
Mid-Wilshire
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| AREA |
Mid-Wilshire |
| CONSTRUCTION |
Asphalt, Concrete, Drywall, Other |
| EXTERIOR |
Rain Gutters |
| GARAGE |
Electric Gate |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
6743 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre, Corner Lot, Front Yard, Landscaped, Paved |
| PARKING |
Electric Gate |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| STYLE |
Custom, Spanish |
| TAXES |
10995.3 |
| UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property |
| WATER |
Public |
| ZONING |
LARD1.5 |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Divinus Real Estate Solutions
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 11/1/24 6:29 PM 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 2024.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email