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$ 1,100,000
Est. payment | /mo
10 Beds
6 Baths
798 SqFt
$ 1,100,000
Est. payment | /mo
10 Beds
6 Baths
798 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 798 sqft
Price per Sqft $1,378
MLS Listing ID 26873047
Bedrooms 10
HOA Y/N No
Year Built 1950
Lot Size 5,806 Sqft
Property Description
GET SMART WITH REAL ESTATE and discover an investment opportunity with multiple paths to potential income and value creation! This vacant Los Angeles property gives an investor something increasingly valuable flexibility. With no existing tenants to inherit, a new owner has the opportunity to start fresh, make improvements, reposition the property and determine the rental or housing strategy that best fits their investment goals. The 2-unit configuration creates exciting possibilities for investors looking beyond the traditional rental model. Explore conventional long-term rentals, Housing Choice Voucher/Section 8 opportunities, transitional housing, recovery/sober living, shared housing, or partnerships with qualified housing providers and organizations, subject to applicable laws, licensing and program requirements. Investors may also consider renovation and repositioning strategies aimed at increasing rental performance and creating long-term value. Vacancy can be an advantage for the right investor. Instead of inheriting existing leases or rental terms, you have an opportunity to develop your own operating plan, select your rental strategy and position the property for its next chapter. Whether your goal is monthly cash flow, serving the growing demand for housing, building a long-term rental portfolio, or improving and repositioning the property, there are multiple avenues to explore. Bring your contractor, run your numbers and imagine the possibilities. Buyer and buyer's agent to independently verify property information, permitted unit status, rents, zoning, permitted uses, licensing requirements and suitability for buyer's intended investment strategy. Smart investors don't just buy property, they recognize possibilities others may overlook. Get Smart with Real Estate. Call Don Adams today to schedule an appointment and explore the opportunity for yourself.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Total Parking Spaces 3
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6071013008
Special Listing Condition Standard
Listed by Donny Adams Keller Williams Hollywood Hills #02178733
Nearby School & Business
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