$1,300,000
$1,400,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
4,993 Sqft Lot
SOLD DATE : 12/04/2025
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25180843
Sold Date 12/04/25
Bedrooms 9
Lot Size 4,993 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Built in 1983, this pride-of-ownership 4-unit property offers investors and owner-occupants alike a rare combination of modern construction, strong income potential, and long-term upside. Because it was built after 1978, the property is not subject to the Los Angeles Rent Stabilization Ordinance, providing valuable flexibility in future rent growth. Each spacious unit features vaulted ceilings that fill the interiors with natural light, creating a desirable living environment for tenants. The building also includes 8 covered parking spaces on the first floora highly attractive amenity for residents. In addition, a large storage area presents a unique opportunity for a new owner to get creative and generate additional revenue.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction On W. 2nd St, east of S. Gaffey St.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 7451016006
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Cody Charnell Sage Real Estate Group, Inc.