9,896 Sqft Lot
9,896 Sqft Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26138305
HOA Y/N No
Year Built 1972
Lot Size 9,896 Sqft
Property Sub-Type Mixed Use
Property Description
Exposition Park, one of Los Angeles' most active rental markets e The property features an attractive and versatile unit mix
consisting of one 2-bedroom, 1-bathroom unit, two expansive 5-bedroom, 2-bathroom units, one 4-bedroom, 2-bathroom unit,
and one 3-bedroom, 1-bathroom unit. The large unit configurations and flexible layout create outstanding income potential for
investors pursuing student housing, traditional multifamily rentals, or alternative housing strategies in a consistently highdemand location .Ideally situated 10 minutes walk distance to the University of Southern California, the property benefits from
close proximity to some of Los Angeles' most iconic destinations, including the Los Angeles Memorial Coliseum, a featured
venue for the upcoming 2028 Olympic Games, the highly anticipated Lucas Museum of Narrative Art located less than half a mile away, only 10 minutes walk or 0.5 miles away ; Exposition Park, the California Science Center, the historic Rose Garden,
BMO Stadium, and the Expo Line Metro Station offering convenient access from Downtown Los Angeles to Santa Monica .The
property also provides easy access to major freeways and public transportation, further strengthening its long-term
desirability and tenant demand .Adding to its exceptional appeal, the property is sitting in a 9,894 sq ft lot and it will be
delivered almost vacant, offering investors a rare opportunity to immediately reposition the property, establish market rents,
and maximize future income potential .This is an outstanding opportunity to acquire a well-located multifamily asset in one of
Los Angeles' most dynamic and transformative neighborhoods.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Inclusions 2 of the units have tenants and the rest units have temporary tenants.
Fireplace No
Appliance Water Heater
Laundry Washer Hookup, In Kitchen
Exterior
Parking Features Assigned, Driveway
Pool None
Community Features Sidewalks
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Near Public Transit, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5037020050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://youtu.be/d3BfqmgzOo4
