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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,150,000

Est. payment - /mo

7,705 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25124135

HOA Y/N No

Year Built 1927

Lot Size 7,705 Sqft

Property Sub-Type Mixed Use

Property Description

Exceptional opportunity to acquire a six-unit multifamily property located in a high-demand Los Angeles submarket. The asset consists of six separate structures situated on a 7,702 sq. ft. lot, including four stand-alone 2-bedroom/1-bath units with no shared walls, and a rear building containing two 1-bedroom/1-bath units positioned above five covered garages. An additional detached garage provides a total of six covered parking spaces with potential for ADU conversion (buyer to verify). Built in 1927, the property retains its architectural charm while benefiting from over $30,000 in recent capital improvements, including new dual-pane windows, fresh exterior paint, partial copper plumbing, and interior renovations in half of the units, partial roof. The layout offers privacy and appeal for long-term occupancy, with a unit mix that supports strong rental demand. This is a well-located multifamily asset with upside potential through further unit repositioning and possible ADU development.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR1

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Laundry None

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs

View Y/N No

View None

Roof Type Rolled/Hot Mop,Spanish Tile

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Flag Lot, Paved

Story 2

Entry Level One,Multi/Split

Sewer Public Sewer

Water Public

Level or Stories One, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6022003011

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Jeff Cossio Grand Avenue Realty & Lending 714-392-5803, DRE #01503782

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

124 E 74th ST Los Angeles, CA 90003

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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