Great Owner/Investment Property… Read More Multi Units - Great potential - 2 separate structures on a large oversized lot, wood construction/stucco, located in the Olivito Heights area of Los Angeles, footsteps from South Bay areas, each unit has 3 bedrooms/2 Bathrooms with washer-dryer connections for laundry. The front property has been nicely refreshed with new flooring and fresh paint throughout. Outstanding opportunity for new owners or investors; to own/invest property near the expansive development areas and complexes; Extensive Shopping and retail, home stadium for the Rams and Chargers, new Clipper Stadium, Sofi Stadium, The Kia Forum, easy access to the 110/105/405 freeways and just minutes to LAX, beach areas; Hermosa, Manhattan and Redondo. The property has a expanded driveway area (gated) with at least 7 off street parking spaces. Each tenant pays their own utilities with separate meters. The front unit is vacant, and the back unit is on a month to month rental agreement, and can be vacant with a 30 day notice. This is a great property to own, add or begin your investment real estate portfolio. The property is being sold in As-Is condition with no repairs being completed by the seller. Buyer and Agents to verify all information, all accepted offers are required to submit a loan application with a lender of the Seller's choice. Please do not disturb the current residents or walk the property. There will be no showings without a submitted offer and verification of the potential Buyer's financial loan approval status or evidence of full cash to close. Seller is open to Conventional Loans, Cash offers/1031 exchange transactions. All offers will be required to cross qualify with a lender of the Seller's choice. Read Less
Property listed by Pacific Playa Realty, Sherron Rouzan 310-256-3040
Listing Snapshot
Days Online
303
Last Updated
Property Type
Other
Beds
5
Square Ft.
1,977
Lot Size
0.21 Acres
Year Built
1934
MLS Number
24419071
30 Days Snapshot Of 90044
$650k
-4%
(avg) sold price
15
-28%
homes sold
111
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1934, Building area total: 1,977, Levels: One, Living area: 1977, 1 story, 2 buildings, Architectural style: SeeRemarks, Common walls: NoCommonWalls
Cooling
None
Fireplaces
Bath, DiningRoom
Heating
Central
Income
Gross income: $57,600, Net operating income: $57,000
Based on information from California Regional Multiple Listing Service, Inc. as of 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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