Description
-- Strong cash flow from current tenants at a 7.31% cap rate. -- 2 vacant units (2+1, 1+1) for a new owner to renovate and/or choose their own tenants. -- Value-add potential for up to 6 units by legalizing non-conforming spaces and/or adding ADU units.* -- High development potential for a +/- 5,460 SF lot zoned R2 near USC and Downtown Los Angeles. -- Property is a duplex on title and is sold on an as-is where-is basis. -- Tenants enjoy the convenience of 7 separate private entrances to the units and 5 parking spaces in front. *Buyer to conduct own due diligence and verify all information that is provided for reference purposes only.
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8BEDS
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0.13ACRES
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7BATHS
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01/2 BATHS
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1,827SQFT
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$525$/SQFT
School Ratings & Info
Description
-- Strong cash flow from current tenants at a 7.31% cap rate. -- 2 vacant units (2+1, 1+1) for a new owner to renovate and/or choose their own tenants. -- Value-add potential for up to 6 units by legalizing non-conforming spaces and/or adding ADU units.* -- High development potential for a +/- 5,460 SF lot zoned R2 near USC and Downtown Los Angeles. -- Property is a duplex on title and is sold on an as-is where-is basis. -- Tenants enjoy the convenience of 7 separate private entrances to the units and 5 parking spaces in front. *Buyer to conduct own due diligence and verify all information that is provided for reference purposes only.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-20T18:44:14.71. 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.