$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 23-271079
Sold Date 02/22/24
Bedrooms 4
Year Built 1949
Lot Size 6,992 Sqft
Acres 0.1605
Property Description
We are excited to present a promising investment opportunity in the heart of Westchester. This fully vacant fourplex, comprising four spacious one-bedroom one bath units, offers a substantial value-add proposition for both investors and owner-users. Potential for ADU development, subject to state and local laws, and the chance to rent units at market rates post-Ellis Expiration on November 3, 2023, are key features of this property. Nestled in Westchester, a neighborhood witnessing rapid growth and revitalization, this property enjoys a strategic location near major employment centers, top educational institutions, and leisure hotspots. This blend of location and opportunity makes this property a must-consider for those aiming to capitalize on the area's robust rental demand.
Location
State CA
County Los Angeles
Area Westchester
Zoning LAR3
Rooms
Other Rooms Other
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
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.
Bought with 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! "