Description
Four single-story units on a large 9,299-sf lot | residential asset - perfect owner-user opportunity | located in the rapidly gentrifying & revitalized neighborhood of los angeles | 5.90% current cap rate & 11.34 current grm | 8.68% pro-forma cap rate & 8.55 pro-forma grm | unit mix of (two) 4-bedroom/2-bathroom units and (two) 1-bedroom/1-bathroom units | rare lar3 toc tier 3 zoning - build up to 20 units* | toc tier 3 high density bonus allowance with no subterranean parking required & only 0.5 parking spaces per unit | tremendous value-add opportunity - approximately 33% in rental upside | located 3 miles from sofi stadium, youtube theatre, the forum & intuit dome (nba clippers arena) | qualifies for residential financing
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49728912
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 10
Bathroom Information
- Total Baths: 6
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1923
- Building Area Total: 3,990
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2135
- Lot Size Dimensions: 50x186
- Lot Size Source: Estimated
- Lot Size Square Feet: 9299
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Listing Information
Listing Price Information
- Original List Price: 965,000
- Listing Contract Date: 2025-05-13
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 6032008010
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C36 - Metropolitan Southwest
- Postal Code Plus 4: 5072
- Directions: West of Hoover Street, North of 83rd Street, East of Vermont Avenue, South of 81st Street
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C36 - Metropolitan Southwest
Building and Construction
- Property Age: 102
- Year Built Source: Other
- Total Square Feet Living: 3990
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 06/13/2025 @ 11:34
- MLS: 25538251
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 10 bedrooms which is for sale, it has 3,990 sqft, 9,299 sized lot, and 0 parking. are nearby neighborhoods.