$1,183,333
$1,250,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,948 SqFt
SOLD DATE : 02/22/2024
Key Details
Sold Price $1,183,333
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,948 sqft
Price per Sqft $401
MLS Listing ID 23271079
Sold Date 02/22/24
Bedrooms 4
HOA Y/N No
Year Built 1949
Lot Size 6,991 Sqft
Property Description
We are excited to present a promising investment opportunity in the heart of Westchester. This fully vacant fourplex, comprising four spacious one-bedroom one bath units, offers a substantial value-add proposition for both investors and owner-users. Potential for ADU development, subject to state and local laws, and the chance to rent units at market rates post-Ellis Expiration on November 3, 2023, are key features of this property. Nestled in Westchester, a neighborhood witnessing rapid growth and revitalization, this property enjoys a strategic location near major employment centers, top educational institutions, and leisure hotspots. This blend of location and opportunity makes this property a must-consider for those aiming to capitalize on the area's robust rental demand.
Location
State CA
County Los Angeles
Area C29 - Westchester
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4125011011
Special Listing Condition Standard
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Bought with Benjamin J. Hsiang • Realty Investment Advisors, Inc.