Prime Multi-Unit Investment Opportunity in South Los Angeles. Rare chance to acquire a 2020 yr built high-yield, multi-unit completely vacant property in a desirable South Los Angeles location, just minutes from BMO Stadium, Exposition Park, and with easy access to the 110 Freeway (Vernon Exit). Ideal for investment or owner-user,… Read More this versatile property is well-suited for homeless shelters, interim transition housing, non-profit organizations, and government-backed master lease programs. Featuring four units with an impressive total of 32 master suite-style bedrooms and 32 bathrooms, each suite is equipped with a private bath and mini-split HVAC system for maximum comfort. The property also offers common dining areas and laundry facilities in each unit. Zoned R-2 with R-3 occupancy per COO, this unique asset presents significant flexibility and potential. Details and photos coming soon! Completely Vacant! Read Less
Property listed by I & J Properties, Inc., Robert Lee 310-570-2588
Listing Snapshot
Days Online
51
Last Updated
Property Type
Other
Beds
32
Square Ft.
10,602
Lot Size
0.19 Acres
Year Built
2020
MLS Number
25512351
30 Days Snapshot Of 90037
$578k
-17%
(avg) sold price
5
0%
homes sold
87
+31%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasCooktop, Refrigerator
Building
Built in 2020, Building area total: 10,602, Levels: ThreeOrMore, Living area: 10602, 2 buildings, Architectural style: Modern, Construction materials: Concrete, Stucco
Community
Gated
Fireplaces
None
Garage
2 spaces
Heating
Electric, ForcedAir
Income
Gross income: $336,000, Net operating income: $256,338
Laundry
Inside, LaundryRoom
Lot
0.1936 acres, 8,433 square feet, Size: 8,433
Parking
5 open parking spaces, 7 totals parking, DoorMulti, Garage, SharedDriveway, Tandem
Pool
None
Property
Zoning: LARD2, None
Security Features
GatedCommunity
Sewer
SewerTapPaid
Spa
None
Tenant Pays
Electricity, Gas, TrashCollection
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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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