9,334 Sqft Lot
9,334 Sqft Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26222517
HOA Y/N No
Year Built 1925
Lot Size 9,334 Sqft
Property Sub-Type Apartment
Property Description
Excellent opportunity to acquire a 6-unit multifamily investment property in the heart of Los Angeles with tremendous upside potential! This property offers an attractive unit mix consisting of two 1-bedroom units, two 2-bedroom units, and two spacious 3-bedroom units, providing a diverse rental portfolio with strong income potential.
The property is in need of repairs and updating, making it an ideal opportunity for investors looking to renovate, reposition, and maximize rental income while building long-term equity. With six units and a desirable mix of bedroom configurations, this property presents an excellent opportunity for a value-add investment strategy.
MAJOR BONUS — SELLER FINANCING AVAILABLE AT 5.5% INTEREST! The owner is willing to carry a note at an attractive 5.5% interest rate, subject to mutually agreed-upon terms and buyer qualification. This unique financing opportunity may allow investors to acquire the property with favorable financing while executing their renovation and improvement plans.
Conveniently located in Los Angeles with access to employment centers, shopping, dining, public transportation, and major commuter routes.
BRING YOUR CONTRACTORS AND YOUR VISION! Whether you're an experienced multifamily investor or looking to expand your rental portfolio, this property offers the combination of multiple income-producing units, renovation potential, and attractive seller financing.
SIX UNITS! VALUE-ADD POTENTIAL! SELLER FINANCING AT 5.5%! DON'T MISS THIS INVESTMENT OPPORTUNITY!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Fireplace No
Laundry Outside
Exterior
Pool None
Community Features Curbs, Sidewalks
Private Pool No
Building
Lot Description Sloped Down, Front Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5156015023
Acceptable Financing Cash to New Loan, Conventional, Owner Will Carry
Listing Terms Cash to New Loan, Conventional, Owner Will Carry
Special Listing Condition Standard
Nearby Locations
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