16
See all 16 photos
$1,050,000
Est. payment /mo
6 Beds
4 Baths
New
6333 8th Avenue Los Angeles, CA 90043
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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 SB25167775
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Well maintained 4-unit property located on a 11,359 Sq.Ft. lot zoned R3 in TOC Tier 3, presents an excellent redevelopment opportunity or adding multiple ADUs(buyer to verify). Property consists of 4 separate buildings - two 1-bedroom units ($989, $2,340) and two 2-bedroom units ($837, $2,650). Property is generating $81,792 of total Rental Income and has very low expenses. With rental upside of over 46% and possibility to add ADUs the property presents an outstanding value-add opportunity. New owner can redevelop the property utilizing density bonus or add two additional units and keep existing structures. In either case, this is investment with huge potential and upside.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Hyde Park Blvd, Between Western and Crenshaw Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 4006012016
Listed by Evelyn Baez Gonzalez Lyon Stahl Investment Real Estate, Inc.