Prospective Buyers can realize great income Potential with this Unique 5 Unit Property in South Los Angeles area Near " Blue Line" Light Rail, 105 Freeway, several good Shopping Areas, Parks, Historical " Watts Towers" and More. Property sits on a 15,000 plus Square foot Lot and had 5 Individual Structures ( Cottages), and Ample Room to Add on or Build. The Current "Actual" Income produces $9,800 Monthly Income with one Large( 5 Bed/ 3Bath) Unit to be delivered Vacant at the close of Escrow which will Make the Actual Gross Income Over $13,000 if Rented at Market Rent. Seller is Very Motivated to Sell. Bring All Offers !
| MLS # | 26845401 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 96 |
| Listing Provided By | Watkins Realty & Investments | Wendy Howard |
| Bed(s) | 14 |
|---|---|
| Bath(s) | 7 |
| SQ Feet | 5,734 |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 5 |
| Zoning | LAR2 |
| Acreage | 0.36 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans |
| Appliances | Disposal |
| Parking Features | Concrete, Driveway, Electric Gate |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90002) | |
Price: $1,400,000 low | high Med: $639,000 sqft: 5,734 low | high Med: 1,222 $ / sqft: $244 low | high Med: $523 On site: 96 low | high Med: 77 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90002) | |
Price: $1,400,000 low | high Med: $639,000 sqft: 5,734 low | high Med: 1,222 $ / sqft: $244 low | high Med: $523 On site: 96 low | high Med: 77 | |