$1,183,333
$1,250,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,948 SqFt
SOLD DATE : 02/22/2024
Key Details
Sold Price $1,183,333
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,948 sqft
Price per Sqft $401
MLS Listing ID 23-260199
Sold Date 02/22/24
Bedrooms 4
Year Built 1950
Lot Size 6,985 Sqft
Acres 0.1604
Property Description
We are delighted to showcase a prime value-add opportunity in the thriving Westchester region. This fully vacant fourplex, featuring four sizable one-bedroom one bath units, is a canvas ready for investors and owner-users to make their mark. The potential to add ADUs, subject to state and local laws, and the opportunity to rent at market rates post-Ellis Expiration on November 3, 2023, enhances the appeal of this investment. The prime Westchester location, renowned for its in-demand housing, proximity to LAX, major employers, and a variety of local shops and restaurants, adds to the property's allure. This is a unique chance to contribute to the economic growth and housing revitalization in one of Los Angeles' most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area Westchester
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating None
Cooling None
Equipment None
Exterior
Garage Other
Garage Spaces 4.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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