Thank you
Armin Soleimani
Global Platinum Properties, Inc.
424-394-1030
Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three - a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking is provided. You may also consider transforming the parking spaces beneath the building into ADUs (Accessory Dwelling Units), which are becoming increasingly popular, particularly in areas like Mid City/West Adams. This property is also located in an Opportunity Zone - a prime investment opportunity not to be missed! One unit is vacant, which can benefit potential FHA buyers; investors can lease up the unit to market rents as well!
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Total Bedrooms : 9
Total Baths: 5
Full Baths: 0
Half Baths: 0
Water Source : Public
Sewer : Sewer Tap Paid
Interior Features: Ceiling Fan(s)
Windows: Double Pane Windows
Property Appliances: Refrigerator
Fireplace: None
Flooring: Laminate
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1966
Building Area Total: 3,764
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1102
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4800
Original List Price: 1,595,000
Listing Contract Date: 2024-04-29
Listing Agreement: Seller Reserved
Parcel Number: 5049014006
Garage Description: Covered
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C16 - Mid Los Angeles
Postal Code Plus 4: 3533
Directions: From Adams Blvd., turn South onto Orange Drive.
Zoning: LARD1.5
Source Property Type: Residential Income
Area: C16 - Mid Los Angeles
Property Age: 58
Property Condition: Updated/Remodeled
Year Built Source: Assessor
Total Square Feet Living: 3764
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2636 Virginia Road, Los Angeles, CA,90016 | $3,250,000 | 16 | -- | 6,936 | 6550 Sqft |
1943 S Spaulding Avenue, Los Angeles, CA,90016 | $1,060,000 | 2 | 1 | 1,095 | 6734 Sqft |
3043 S La Brea Avenue, Los Angeles, CA,90016 | $10,000,000 | -- | -- | -- | 39901 Sqft |
4120 W Jefferson Boulev.., Los Angeles, CA,90016 | $1,499,000 | -- | -- | -- | 5490 Sqft |
2155 S West View Street, Los Angeles, CA,90016 | $3,400,000 | -- | -- | 5,985 | 6000 Sqft |
5735 Bowesfield Street, Los Angeles, CA,90016 | $1,005,000 | 2 | 2 | 1,590 | 6316 Sqft |
2121 Thurman Avenue, Los Angeles, CA,90016 | $899,000 | 3 | -- | 1,412 | 5004 Sqft |
5700 Clemson Street, Los Angeles, CA,90016 | $3,750,000 | 12 | -- | 6,604 | 17996 Sqft |
5259 Village, Los Angeles, CA,90016 | $579,000 | 1 | 1 | 896 | 529424 Sqft |
5134 W Washington Boule.., Los Angeles, CA,90016 | $1,999,000 | 14 | -- | 3,526 | 8123 Sqft |
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ByOwner last updated this listing 05/17/2024 @ 12:58
MLS: 24385755
LISTED BY: Armin Soleimani, Global Platinum Properties, Inc.
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.