We are pleased to offer for sale a five-unit apartment community located at 5076 Pickford Street. The subject property is located south of Venice Boulevard and north of Washington Boulevard. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of… Read More shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 6,129 square foot parcel, the property is comprised of three one-bedroom units and two two-bedroom units. The property has 15.44% remaining rental upside through unit renovations along with on-site garages being individually rented for additional income. 5076 Pickford Street offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 5076 Pickford Street an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. Read Less
Courtesy of Marcus & Millichap 310-909-5500
Listing Snapshot
Days Online
16
Last Updated
Property Type
Other
Beds
7
Square Ft.
4,405
Lot Size
0.14 Acres
Year Built
1949
MLS Number
26798073
30 Days Snapshot Of 90019
$1.35M
-20%
(avg) sold price
10
+100%
homes sold
75
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,405 sq ft, Built in 1949, Levels: Two
Disclosures
None
Garage
Garage
Lot
LotAcreage: 0.1407, LotSizeArea: 6,129
Parking
TotalParking: 5
Property
NumberOfUnits: 5, Zoning: LARD1.5
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