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$ 699,000
Est. payment | /mo
4 Beds
4 Baths
2,247 SqFt
$ 699,000
Est. payment | /mo
4 Beds
4 Baths
2,247 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,247 sqft
Price per Sqft $311
MLS Listing ID 26848321
Bedrooms 4
HOA Y/N No
Year Built 1921
Lot Size 6,921 Sqft
Property Description
Stable, fully occupied three-unit income property located close to USC and Downtown L.A. The property consists of three residential units across two separate buildings on a large 6,921-square-foot lot zoned C2-1VL with future development potential. The unit mix includes two 1-bedroom/1-bath units (one of them Section 8) and one unit 3-bedroom/1 bath, providing strong rental income. The South Los Angeles market continues to benefit from proximity to Downtown LA, USC, Exposition Park, and major transit infrastructure. Adjacent to the signalized corner of San Pedro Place and Vernon Avenue, with the future potential of a broad range of commercial uses by-right and TOC Tier 2 Designation, offering a significant density bonus potential for qualified affordable housing projects.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 3
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5109001016
Special Listing Condition Standard
Listed by Darin Spillman Kidder Mathews of California, Inc. #01366902
Nearby Locations
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