Rent Increases from November 2024! Tenants pay all utilities! Explore a lucrative investment with this strategically located 3-unit income property; situated just south of Downtown Los Angeles (DTLA). Perfectly positioned, this property is a short 6-minute drive to USC, making it an attractive option for students and professionals alike. Each… Read More of the three units offers a spacious layout with 2 bedrooms and 1 full bath. The front building was fully reimagined in 2019, featuring contemporary upgrades that include modern kitchens with stainless steel appliances, stylish bathrooms, and fresh flooring throughout. The back building has been expertly converted from a garage into a comfortable 2-bedroom, 1-bathroom unit, also fully renovated in 2019. This unit provides additional rental potential and complements the front building's appeal. Enjoy the convenience of being just minutes away from FWY, USC, and DTLA, with easy access to public transportation, shopping, dining, and entertainment. This location is highly desirable for renters seeking proximity to major urban amenities. Tenants pay all utilities. With its recent renovations, high-demand location, and stable rental income, this property presents an excellent investment opportunity. Whether you're looking for a steady income stream or long-term appreciation, this property delivers. Photos are before tenants moved in. Read Less
Property listed by Keller Williams Larchmont, Tiffany Sung Park 323-762-2600
Listing Snapshot
Days Online
102
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,299
Lot Size
0.14 Acres
Year Built
1905
MLS Number
24436503
30 Days Snapshot Of 90011
$597k
-1%
(avg) sold price
7
-12%
homes sold
78
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1905, Building area total: 2,299, Levels: One, Living area: 2299, 1 story, 2 buildings
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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