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$ 850,000
$ 895,000 5.0%
Est. payment | /mo
1 Bed
4,904 SqFt
$ 850,000
$ 895,000 5.0%
Est. payment | /mo
1 Bed
4,904 SqFt
Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 4,904 sqft
Price per Sqft $173
MLS Listing ID CL26666377
Sold Date 08/03/26
Bedrooms 1
HOA Y/N No
Year Built 1911
Lot Size 6,129 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
Nami Investment Group is proud to present a 4-unit value-add property near Downtown Los Angeles featuring large ~1,200 SF 1-bedroom units with living, dining, and in-unit laundry areas. The property features potential ADU development behind the building towards the back of the lot. The property is separately metered for gas and electric. Offered at a low $182/SF with a 5.8% cap rate, the building provides day-one cash flow and significant future upside in rents and ADU potential. Two units have been meticulously remodeled to achive high market rents. This is a prime infill location close to major DTLA attractions and employment centers.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating None
Fireplace No
Building
New Construction No
Others
Tax ID 5137019020
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Listed by Sean Namigohar • Lyon Stahl Investment Real Estate, Inc.
Bought with GennyFang
Bought with GennyFang
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Patrick Nagel
REALTOR® | Lic# 1760790