Investor REO Opportunity in Prime Location. 3 Bed, 1 Bath 967 Sqft home in front. 8 bedroom, 4 bathroom, 2930 Sqft unit in the rear. Per EPIC LA records, the 8 Bedroom rear unit (3948 E 6th) appears to have passed plan review in March 2023 but other approvals and… Read More permits may be incomplete. Buyers and Brokers strongly advised to verify status of all permits with the local building departments to satisfy themselves. While further due diligence is required, the high bed count rear unit may be suitable for Single Room Occupancy (SRO) housing, group home, or other creative rental use. This could represent a strong opportunity for an investor seeking cash flow through city programs or shared housing strategies. At present moment the property is being sold without interior access, with the occupants in place, and will require all cash or hard/private money financing. Contact us today to explore this intriguing investment. Read Less
Property listed by Electric Estates, Max James-Armand 310-654-4261
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Lot Size
0.18 Acres
Year Built
1916
MLS Number
OC25149201
30 Days Snapshot Of 90023
$697k
-13%
(avg) sold price
2
-33%
homes sold
58
-63%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1916, Building area total: 3,906, Levels: One, Two, 1 story, 2 buildings, Common walls: NoCommonWalls
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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