43
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$1,235,000
Est. payment /mo
9 Beds
5 Baths
5,122 Sqft Lot
New
840 W 54th Los Angeles, CA 90037
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26230870
Bedrooms 9
Lot Size 5,122 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
RARE LOS ANGELES FOURPLEX | TWO VACANT UNITS | EXCEPTIONAL VALUE-ADD POTENTIAL! An outstanding opportunity to acquire a well-maintained multifamily asset, offered for the first time in over 25 years! This spacious fourplex features three-2 bedroom 1 bath apartments, and one 3-bedroom residence, presenting an attractive combination of established rental income and substantial upside potential! TWO CURRENTLY UNOCCUPIED UPPER UNITS, including one tastefully remodeled residence, creates instant appeal among renters, and is an opportunity for immediate leasing at market rents. Generous floor plans, tasteful improvements, and convenient rear parking enhance the property's long-term investment appeal. Ideally situated within minutes to USC, Downtown Los Angeles, and the 110 Freeway, this property offers convenient access to major employment centers, transportation corridors, and neighborhood amenities.With existing income, strategic rental repositioning opportunities, and a desirable Los Angeles location, this fourplex represents a solid addition to an investment portfolio. ***A RARE OPPORTUNITY TO ACQUIRE, ENHANCE, AND BUILD SOLID, LONG-TERM VALUE!*** Seller's sale is subject to a 1031 exchange.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction North of Slauson, West of Figueroa
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5001007010
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Listed by Delia Hooper, DRE#01180987 The Hooper Preserve
NEARBY SCHOOL & BUSINESS
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