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Listed by Chris Limon • Century 21 A Better Service
$4,299,000
Est. payment /mo
8,592 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,592 sqft
Price per Sqft $500
MLS Listing ID DW-25056757
Year Built 1907
Lot Size 6,802 Sqft
Property Sub-Type Duplex
Property Description
Discover a remarkable opportunity with this newly built multi-family property, destined to be a cornerstone of your investment portfolio. Offering 2 well-appointed units, featuring a total of 30 bedrooms and 30 Bathrooms, this property promises consistent rental income in a bustling Los Angeles neighborhood. Strategically located, this property places residents within walking distance to essential amenities and some of the city's favorite attractions. Education needs are well met by the nearby James A Foshay Learning Center, making this spot ideal for families. Accessibility is seamless, with the Expo / Crenshaw train station and multiple bus stops, such as Adams & St. Andrews Pl. (Northbound), just a short commute away. Grocery shopping is made easy with Galleria Market nearby, while the Exposition Park Rose Garden offers a tranquil escape with its lush landscapes and colorful blooms. Perfectly zoned for multi-family use, this property is not just a building; it's a potential hub of lively community interaction and a focal point for tenant satisfaction. The new construction status ensures minimal maintenance costs, allowing you to focus more on maximizing returns rather than fixing problems. Take advantage of this chance to own a slice of Los Angeles that is as profitable as it is appealing. Whether you're looking to expand your real estate portfolio or stepping into the investment arena, this property holds the key to substantial rental income and long-term capital appreciation. Secure your future with this smart acquisition in an ever-growing metropolis!
Location
State CA
County Los Angeles
Area C23 - Metropolitan
Zoning LAR2
Interior
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Sidewalks
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900