Property Detail

Description

Drive-by only. Do not disturb tenants. Unique multifamily opportunity offering multiple buyer strategies. Existing two-story fourplex with four spacious units, each approximately 1,800 SF and configured as 3 bedrooms / 2 bathrooms. Ideal for owner-occupants seeking residential financing while offsetting mortgage with rental income, or investors looking for stable in-place cash flow. Current actual rents total approximately $147,900 annually (not pro forma). Situated on an approximately 13,146 SF R2 lot within a TOC Tier 3 area, offering significant long-term redevelopment potential. AB 2097 may allow parking reductions. Subject to South Los Angeles CPIO. Buyer to verify all zoning, income, and development potential with appropriate agencies.