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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 2,095,000

Est. payment | -/mo

14 Beds

8 Baths

5,564 SqFt

Save

$ 2,095,000

Est. payment | -/mo

Save

14 Beds

8 Baths

5,564 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,564 sqft

Price per Sqft $376

MLS Listing ID 26985151

Bedrooms 14

HOA Y/N No

Year Built 1949

Lot Size 7,875 Sqft

Property Description

Smith Realty Collective is pleased to present this incredible cash-flowing 7-unit building just blocks away from the prestigious USC, LA Coliseum, and BMO Stadium. Currently generating an attractive 8.5% CAP rate, this property offers investors immediate cash-flow potential in one of Los Angeles' most dynamic and rapidly evolving areas. Adding to the investment appeal, the property is located within an Opportunity Zone, potentially providing qualifying investors with valuable federal tax benefits, including capital-gains deferral and other potential tax advantages. But the upside doesn't stop there. The sale includes approved Ready-to-Issue (RTI) plans for four additional ADUs at the rear of the property, creating a compelling opportunity to significantly increase the property's unit count, rental income, and overall values. This is the kind of value-add multifamily opportunity sophisticated investors look for: strong in-place cash flow with meaningful potential for future growth. Opportunities combining current income, strategic location, and substantial development upside are increasingly difficult to find. For investors seeking cash flow today and additional upside tomorrow, this property deserves a serious look.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR3

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Parking Features Electric Gate

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5037001021

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Derrick Smith Coldwell Banker Realty #02019367

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1311 W Martin Luther King Jr BLVD Los Angeles, CA 90037