*** 3 UNITS WILL BE DELIVERED VACANT **** This exceptional five-unit multifamily property presents a rare value-add opportunity in the heart of rapidly evolving Exposition Park, one of Los Angeles most active rental markets e The property features an attractive and versatile unit mix consisting of one 2-bedroom,… Read More 1-bathroom unit, two expansive 5-bedroom, 2-bathroom units, one 4-bedroom, 2-bathroom unit, and one 3-bedroom, 1-bathroom unit. The large unit configurations and flexible layout create outstanding income potential for investors pursuing student housing, traditional multifamily rentals, or alternative housing strategies in a consistently high demand location .Ideally situated 10 minutes walk distance to the University of Southern California, the property benefits from close proximity to some of Los Angeles most iconic destinations, including the Los Angeles Memorial Coliseum, a featured venue for the upcoming 2028 Olympic Games, the highly anticipated Lucas Museum of Narrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, the historic Rose Garden, BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .The property also provides easy access to major freeways and public transportation, further strengthening its long-term desirability and tenant demand .Adding to its exceptional appeal, the property is sitting in a 9,894 sq ft lot and it will be delivered almost vacant, offering investors a rare opportunity to immediately reposition the property, establish market rents, and maximize future income potential .This is an outstanding opportunity to acquire a well-located multifamily asset in one of Los Angeles most dynamic and transformative neighborhoods. Read Less
Courtesy of Park Regency Realty 818-363-6116
Listing Snapshot
Days Online
12
Last Updated
Property Type
Other
Beds
17
Square Ft.
5,726
Lot Size
0.23 Acres
Year Built
1972
MLS Number
SR26205036MR
Additional Details
Community
Suburban, Sidewalks
Building
5,726 sq ft, Built in 1972, Detached/No Common Walls
Cooling
Wall/Window Unit(s)
Fence
Wrought Iron
Fireplaces
None
Garage
0 total garage spaces, Assigned, Controlled Entrance
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