Description
Unlock the full potential of your investment with this exceptional property—two homes on one lot in the vibrant heart of los angeles! officially registered as a duplex (2 units), this versatile multi-unit property currently operates as a 6-unit income-generating asset, offering unmatched flexibility for both investors and entrepreneurs. the layout includes a front and back home, thoughtfully designed for a variety of living arrangements. cozy studio units with kitchenettes provide charm and functionality, while the rear unit boasts a full bedroom, kitchen, dining area, and bathroom. with rents currently below market value, this property presents significant growth potential through rent adjustments under local ordinances. situated in a prime la location, this property is just moments from top landmarks like usc, downtown la, the convention center, crypto arena, la live, koreatown, and the la memorial coliseum. its proximity to major freeways ensures added convenience for tenants and visitors alike. whether you’re envisioning a group home, student housing, rehabilitation facility, or another residential use (buyer to verify zoning and permitted uses), this property’s versatility opens the door to endless possibilities. connect with your lender today to explore financing options and seize this rare opportunity to maximize your investment returns!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49298147
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Heating Source
- Natural Gas,Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1900
- Building Area Total: 2,215
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1073
- Lot Size Source: Assessor
- Lot Size Square Feet: 4672
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Listing Information
Listing Price Information
- Original List Price: 888,000
- Listing Contract Date: 2025-04-02
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5135025014
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C42 - Downtown L.A.
- Directions: In between Venice Blvd and W Washington Blvd
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: C42 - Downtown L.A.
- Property SubType: Apartment
Building and Construction
- Property Age: 125
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Other
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 05/19/2025 @ 01:46
- MLS: CV25076902
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,215 sqft, 4,672 sized lot, and 0 parking. are nearby neighborhoods.