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$ 1,290,000
$ 1,500,000 14.0%
Est. payment | /mo
6,629 SqFt
$ 1,290,000
$ 1,500,000 14.0%
Est. payment | /mo
6,629 SqFt
Key Details
Sold Price $1,290,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,629 sqft
Price per Sqft $194
MLS Listing ID CL25512781
Sold Date 07/31/25
HOA Y/N No
Year Built 1959
Lot Size 0.262 Acres
Acres 0.26
Property Sub-Type Other
Property Description
Our Team is delighted to present an exceptional investment opportunity: a fully occupied, 8-unit apartment complex nestled in the historic Hyde Park neighborhood of Los Angeles. This property (2 buildings on 1 parcel) offers a harmonious blend of strategic location and significant growth potential, making it a prime asset for apartment investors. Prime Location with Unmatched Connectivity Situated within walking distance to the Fairview Heights K Line Metro Station. * No Soft-Story Retrofit Requirement as per LADBS record* Certificate of Occupancy for 8 units with 8 parking spaces * Property passed city inspection 10/24/2024 * windows replaced, facia replaced, stairs repaired * multi-generational ownership, long time holders * Approximately +- 50% upside in rents ! *Possible addition of 2 ADU's to boost income (buyer to verify with the city) *Expansive lot | 11,418 Sq ft , TOC Tier 3 *Connect with us for more information on this prime long term investment opportunity . . .
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4006019010
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Kevin Kawaoka • NAI Capital, Inc.
Bought with KevinKawaoka
Bought with KevinKawaoka
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AnnMarie Barajas
Partner | Lic# DRE# 01898810