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$2,200,000
Est. payment /mo
6,065 SqFt
UPDATED:
10/21/2024 10:40 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,065 sqft
Price per Sqft $362
MLS Listing ID CRDW24207518
HOA Y/N No
Year Built 1928
Lot Size 6,743 Sqft
Acres 0.15
Property Description
Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 7-unit property offers a unique chance for both seasoned investors and newcomers to the market to capitalize on a coveted neighborhood with immense potential. Opportunity for long-term appreciation in a market poised for equity. The Mid-City submarket is experiencing significant growth, with various development projects underway that promise to enhance property values and rental demand. Exciting nearby developments include mixed-use buildings and residential complexes - drawing capital expenditures and infrastructure investment. The property’s strategic location adds to its appeal. Situated in the vibrant West Adams/Mid-City district, this property enjoys proximity to a wealth of amenities, freeway access, and public transportation. Lively atmosphere filled with restaurants, cafes, and shops—all within walking distance. The area’s rich scene, highlighted by historic landmarks and community events, makes it an attractive location. Notable nearby attractions, provide entertainment and dining options that cater to various tastes. The surrounding area is known for its strong sense of community, making this property a sound investment for those looking to build equity o
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Laundry Community Facility, Inside
Building
Lot Description Corner Lot, Other, Front Yard, Paved
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5067015024
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Listed by Leonardo Aguilar • Divinus Real Estate Solutions
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122