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PRICE IMPROVEMENT - SELLER READY TO REVIEW OFFERS 6 Detached Units | 4 Delivered Vacant | Significant Value-Add Opportunity Rare opportunity to acquire six detached 1-bedroom, 1-bath units on a spacious lot in South Los Angeles. Four units will be delivered vacant at close of escrow, offering immediate upside and repositioning flexibility. Projected double-digit stabilized returns (11%-14% range based on underwriting assumptions), this property presents a compelling value-add investment with substantial rental upside. Projections indicate strong potential for increased cash flow upon stabilization (buyer to independently verify all assumptions). Each unit is separately metered for gas and electricity (tenant-paid), minimizing owner utility exposure. Detached configuration provides privacy, flexibility, and operational versatility rarely found in comparable multifamily assets. This property offers multiple strategic paths: "¢ Renovate and stabilize for long-term hold "¢ Optimize rents to market levels "¢ Explore specialty housing configurations (buyer to verify sober living, transitional & short term stay with city) "¢ Evaluate redevelopment potential and density expansion (buyer to verify with city) With immediate vacancy control, flexible layout, and strong rental demand in the area, this asset provides investors the opportunity to unlock significant value. Projected stabilized double-digit returns upon full rent optimization (buyer to verify) Ideal for value-add investors, operators, and buyers seeking long-term appreciation in a supply-constrained Los Angeles submarket. Buyer to independently verify all income, expenses, use options, and development potential.
| DAYS ON MARKET | 126 | LAST UPDATED | 2/27/2026 |
|---|---|---|---|
| YEAR BUILT | 1925 | COMMUNITY | C34 - Los Angeles Southwest |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Feb 27, '26 | $1,070,000 |
|---|---|
| Feb 27, '26 - Today | $1,049,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Water Heater |
| AREA | C34 - Los Angeles Southwest |
| CONSTRUCTION | Plaster, Stucco |
| FIREPLACE | Yes |
| HEAT | Natural Gas, Wall Furnace |
| INTERIOR | Pantry, Tile Counters, Walk-In Closet(s) |
| LOT | 7004 sq ft |
| LOT DESCRIPTION | Front Yard, Level, Near Public Transit, Paved, Sprinklers In Front |
| LOT DIMENSIONS | 7003 |
| PARKING | Assigned, Concrete, Gated, Side By Side |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Bungalow |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Connected |
| VIEW DESCRIPTION | None |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 10:41 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
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