Property Detail
Description
Listing Price Reduced! Submit All Offers! Seller is Motivated! This 21-unit investment opportunity is located in Hyde Park, a rapidly gentrifying area due to its vital intra-sector development, and its proximity to Leimert Park's dynamic arts district and to Inglewood's thriving business community. The property is zoned R3 and sits on a large 16,755 square foot lot. The structure boasts a NEW ROOF and NEW ELECTRIC PANELS. The unit-mix consists of 3 two-bedrooms, 17 one-bedrooms, and 1 studio. There are 17 secure parking spaces. All units are individually metered for gas and electricity. The property is within 500 feet of the new Hyde Park/Crenshaw metro line. The structure is seismic-retrofit compliant. The property has a 15% rental upside! Sale is not subject to a 1031 exchange.
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Listing provided courtesy of Albert Morell of Keller Williams Beverly Hills. Last updated 2024-11-23 09:11:37.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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