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Property Description

For sale: Recently Reduced 4-Unit Property in West Adams. This property presents an opportunity to acquire four spacious units with the potential for increased rental revenue. Of the four units, three have been recently renovated, and one remains vacant in impeccable condition. The unit mix comprises one 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath units. The property offers ample onsite parking and the potential to convert the parking spaces beneath the building into ADUs (Accessory Dwelling Units), a popular option in the Mid City/West Adams area. Furthermore, this property is situated in an Opportunity Zone, representing a compelling investment opportunity. The presence of a vacant unit may appeal to potential FHA buyers, and investors have the option to lease it at market rents.

Features
: Wall Furnace
2
0
: Traditional
Additional Information
Global Platinum Properties, Inc.
0
CLW-C120232
CLW-X82397
Armin
5049014006
: Standard
Two
32

Multi-Family For Sale

2622 Orange Drive, Los Angeles, California 90016

3,764 Sqft
$1,585,000
Listing ID #24385755
Basic Details
Status : Active
DaysOnMarket : 31
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24385755
Price : $1,585,000
Living Area : 3,764 Sqft
Lot Size : 4,800 Sqft
Year Built : 1966
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90016
Price Per Square Foot : $421
ModificationTimestamp : 2024-05-30 17:10:55
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