Discover an exceptional investment opportunity in this 7-unit building situated at the corner of Western Avenue and 208th Street. Boasting long-term tenants, this property offers a blend of stability and significant upside potential for both seasoned investors and newcomers to the market. This property is situated in a great rental area. The complex enjoys steady interest from prospective tenants. With current long-term tenants, you benefit from established cash flow, while strategic improvements or rent adjustments can offer additional revenue growth. It has easy access to major thoroughfares, public transportation, and local amenities, making it a sought-after destination for renters. There are five carports and two additional assigned parking spaces, ensuring each tenant has reliable, secured parking—an attractive perk in any rental market. Please do not disturb occupants or enter the property. Drive-by only for initial viewing. Contact us today for more information and take the first step toward securing this fantastic income-producing property!
|
DAYS ON MARKET
|
35
|
LAST UPDATED
|
3/13/2025
|
|
YEAR BUILT
|
1963
|
COMMUNITY
|
Harbor Gateway
|
|
GARAGE SPACES
|
5.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
Prior to Mar 13, '25
|
$2,250,000
|
| Mar 13, '25 - Today |
$2,150,000 |
| AREA |
Harbor Gateway |
| GARAGE |
Yes |
| LOT |
6574 sq ft |
| LOT DESCRIPTION |
Corner Lot |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
LARD1.5 |
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Listed with Vista Sotheby's International 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 3/17/25 12:42 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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