Investment Opportunity in Chinatown – Fourplex with Endless Potential! Located just minutes from Downtown LA. This versatile fourplex is nestled in the heart of Chinatown, offering endless investment potential with proximity to some of the city's top destinations like Dodger Stadium, Union Station, Little Tokyo, and Crypto Arena. With quick access to the 110 and 101 freeways, this property is perfect for those looking for convenience and connectivity. Each of the four condo-style units provides privacy for tenants. Three of the 4 units are ready for new ownership to set rental rates to market value. Unit Layouts show: MAIN UNIT #1 comes with spacious 3 bedrooms and 2 bathrooms, featuring a large living room and kitchen – ideal for families or shared living. UNIT#2 & #3, each offers 2 bedrooms and 1 bathroom, along with a generously sized living room and kitchen, perfect for roommates or small families. UNIT 2A provides 1 bedroom and 1 bathroom with a well-sized living room and kitchen, catering to singles or couples. The property also includes a large three-car garage, a substantial basement for additional storage or potential enhancements, and a convenient coin-operated laundry room that adds to the appeal for tenants. This fourplex offers endless possibilities for investors to maximize rental income in a high-demand area of Los Angeles. Don’t miss out on this rare opportunity to own a multi-family property with strong growth potential in a vibrant, well diverse and dynamic neighborhood!
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
11/14/2024
|
|
YEAR BUILT
|
1966
|
COMMUNITY
|
Chinatown
|
|
GARAGE SPACES
|
3.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Chinatown |
| GARAGE |
Covered, Garage, Garage Faces Front, On Street, Yes |
| HOA DUES |
0 |
| LOT |
5159 sq ft |
| LOT DESCRIPTION |
Gentle Sloping |
| PARKING |
Covered,Garage Faces Front,Garage,On Street |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| WATER |
Public |
| ZONING |
LAR4 |
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Listed with C-21 Astro
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 11/15/24 3:57 AM 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 2024.
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