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$ 900,000
Est. payment | /mo
5 Beds
5 Baths
9,305 Sqft Lot
$ 900,000
Est. payment | /mo
5 Beds
5 Baths
9,305 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS26065957
Bedrooms 5
Lot Size 9,305 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional opportunity to own a 4-unit property on a spacious 9,300+ sq ft LAR4-zoned lot in Los Angeles, offering both immediate rental income and long-term development potential. The property is currently improved with multiple units, providing flexibility for investors or owner-occupants alike. A unique advantage of this property is its ability to serve as a primary residence while generating income, with the added benefit of allowing a buyer to gradually improve or redevelop the property over time. With R4 zoning, the lot presents strong upside for future expansion or higher-density redevelopment. Buyers may choose to live in one unit while collecting rental income, then strategically reposition or redevelop the property as market conditions evolvemaximizing both usability and long-term value. The surrounding area has seen continued growth and redevelopment activity, further supporting the propertys potential as a long-term investment play. Conveniently located near major transportation corridors, shopping, and local amenities. A rare opportunity to secure a property that offers immediate functionality, income potential, and the ability to build long-term equity through future development.
Location
State CA
County Los Angeles
Zoning Assessor
Direction West of Figueroa
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6032028002
Acceptable Financing Cash, FHA
Listing Terms Cash, FHA
Listed by Jason Arnold, DRE#01834196 Excellence Realty
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