Sold Individually or Together with Adjacent Property 5701 Corbett!
This is an incredible opportunity to acquire 16 units spread
over (2) 8 unit buildings in the highly desirably West
Adams neighborhood of Los Angeles. On two separate
APN’s, these two apartments (“5701-23 Corbett”) can be
purchased individually or together.
5701-11 Corbett is an 8 unit… Read More garden rise apartment
property built in 1948, totaling 6,604sf in size, unit mix of
(4) 1 bed/1 bath & (4) 2 bed/1 bath units, with Two units
delivered vacant, and sitting on a 16,535sf lot zoned
RD1.5. New roof 2026.
5713-23 Corbett is an adjacent 8 unit apartment also
built in 1948, totaling 6,604sf in size, with a unit mix of (4)
1 bed/1 bath & (4) 2 bed/1 bath units, fully occupied,
and sitting on a 15,954sf lot zoned RD1.5. New roof
currently being installed.
Combined, the entire property totals 13,208sf in size and
sits on a wide 32,489sf lot with 218’ frontage offering
tons of open space, ample carport parking in the rear,
dedicated laundry rooms, and tons of opportunity to add
value, create ADU’s, or potential development. Great West Adams Location Near Metro & Major
Developments & Landmarks. Opportunity Zone! Read Less
Property listed by Nohco Real Estate, Brian Noh 310-259-7556
Listing Snapshot
Days Online
3
Last Updated
Property Type
Apartment
Lot Size
0.37 Acres
Year Built
1948
MLS Number
OC26158092
Additional Details
Appliances & Equipment
GasRange, Refrigerator, RangeHood
Building
Built in 1948, 1 building, Building faces South, 2 stories, Levels: Two, Entry level: 1, Entry location: Front, Construction Materials: Stucco
Community
Curbs, StreetLights, Sidewalks
Cooling
WallWindowUnits
Disclosures
RentControl
Fireplaces
None
Floors
Carpet, Laminate, Tile
Foundation
Raised
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $124,536, Gross ScheduledIncome: $124,536, Net Operating Income: $64,022
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, Water Source: Public, 8 separate electric meters, 8 separate gas meters
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