Overview
- Apartment
- 0
- 1924
Description
This fully occupied 7 unit multifamily property is comprised of four separate buildings on a big 12,567sf lot zoned RD1.5. All the units are currently tenant occupied w/ good rent histories, no delinquencies, and the property offers huge upside in the rents allowing for a local and/or savvy investor to create value and maximize rents.
Built in 1924, this property totals 3,600sf in size and offers a solid unit mix with (7) 2 bed/1 bath bungalow style units each with a decent layout, full kitchen & bath, roomy bedrooms, washer/dryer hookups, and some private patio area.
On a large 0.29acre double size lot, there are two driveways w/ a total of 10 open parking spaces to provide ample use by tenants & guests. Well located in Los Angeles near Downtown, Crypto Arena, & close proximity to USC and the 110 Freeway. This is a true Value Add Opportunity!
Address
Open on Google Maps- Address 40th
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90011
Details
Updated on January 11, 2026 at 10:07 pm- Property ID: HZOC25262442
- Price: $999,900
- Garage: 0
- Year Built: 1924
- Property Type: Apartment
- Property Status: ResidentialIncome
- Listed by: Brian Noh
- DRE #: 01438155
- Contact Mail: brian@nohco.com
- Brokered by: Nohco Real Estate
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