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Key Details
Sold Price $1,290,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,629 sqft
Price per Sqft $194
MLS Listing ID 25512781
Sold Date 07/31/25
Bedrooms 14
HOA Y/N No
Year Built 1959
Lot Size 0.262 Acres
Property Description
Our Team is delighted to present an exceptional investment opportunity: a fully occupied, 8-unit apartment complex nestled in the historic Hyde Park neighborhood of Los Angeles. This property (2 buildings on 1 parcel) offers a harmonious blend of strategic location and significant growth potential, making it a prime asset for apartment investors. Prime Location with Unmatched Connectivity Situated within walking distance to the Fairview Heights K Line Metro Station. * No Soft-Story Retrofit Requirement as per LADBS record* Certificate of Occupancy for 8 units with 8 parking spaces * Property passed city inspection 10/24/2024 * windows replaced, facia replaced, stairs repaired * multi-generational ownership, long time holders * Approximately +- 50% upside in rents ! *Possible addition of 2 ADU's to boost income (buyer to verify with the city) *Expansive lot | 11,418 Sq ft , TOC Tier 3 *Connect with us for more information on this prime long term investment opportunity . . .
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Detached Carport
Pool Fenced
Community Features Gated
View Y/N Yes
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4006019010
Security Features Gated Community
Special Listing Condition Standard
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Bought with Kevin Kawaoka NAI Capital, Inc.
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Founder & CEO | License ID: CA DRE# 01952035
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