Description
This low maintenance property features an excellent unit mix of one (1) 2 bed/1.5 bath townhouse unit and four (4) 3 bed/2
bath units with ample parking and an on-site laundry room. an incoming investor can capitalize on over 39% upside in
potential gross rent collections in this value-add deal, as rents in the area have continued to skyrocket. the property is on the
corner lot of acresite street, right next to an entrance to the los angeles riverwalk, where the north atwater east bank
riverway project will transform 2.2 miles of existing asphalt maintenance road into a clearly-marked, multi-use, accessible
riverway from the 134 freeway to los feliz blvd. future tenants will have ease of accessing this area for exercise and
entertainment, significantly boosting the property’s potential for future rents as the area continues to be one of the most
rapidly.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49486150
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Fireplace: None
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 4,898
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2315
- Lot Size Source: Assessor
- Lot Size Square Feet: 10082
-
Listing Information
Listing Price Information
- Original List Price: 2,300,000
- Listing Contract Date: 2025-04-12
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5437026001
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 606 - Atwater
- Directions: South of Glendale Blvd next to LA River
- Zoning: LAR1
- Source Property Type: Residential Income
- Area: 606 - Atwater
- Property SubType: Mixed Use
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1 and 2nd
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 05/22/2025 @ 12:07
- MLS: BB25089239
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,898 sqft, 10,082 sized lot, and 0 parking. are nearby neighborhoods.