$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
Listing Status Sold
Purchase Type For Sale
Square Footage 2,948 sqft
Price per Sqft $401
MLS Listing ID 23260199
Sold Date 02/22/24
Bedrooms 4
HOA Y/N No
Year Built 1950
Lot Size 6,987 Sqft
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 C29 - Westchester
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4125011010
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Realty Investment Advisors, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "