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RYAN STEELE

ryan.steele@lptrealty.com +1(818) 900-1859

$ 869,000

Est. payment | -/mo

5 Beds

2 Baths

1,800 SqFt

Save

$ 869,000

Est. payment | -/mo

Save

5 Beds

2 Baths

1,800 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $482

MLS Listing ID 26832661

Style Traditional

Bedrooms 5

Year Built 1989

Lot Size 7,008 Sqft

Acres 0.1609

Property Sub-Type Multi-Family

Property Description

Maximize your real estate portfolio with this rare Los Angeles investment. This property features fully occupied, market-rate units and verified city approval to build new structures completely exempt from rent control. Enjoy immediate, stable cash flow with a clear, paved path to build your next premium income stream. .The existing gated property features a charming two-story building consisting of two updated units, (1) 2 bedroom and (1) 3 bedroom, 1 bathroom units. This gated complex sits on a tree lined street and has a welcoming front lawn, ample driveway parking and lot backs into an alleyway. The approved plans allow for the construction of a 2 story brand-new development. The new project will feature (4) 1 bdr, 1 bath units and (2) 2 bdr, 2 bath ADUs, each thoughtfully designed to meet the needs of modern urban living. The building will encompass approximately 3,700 square feet on a 7006 SF square foot lot. One unit can be delivered vacant or the two front units will generate income while you build out the new units. . This property is situated just minutes from USC, LATCC, University of West LA and CAL State LA. Not to mention it is minutes from LA Memorial Coliseum, BMO Stadium , SoFi Stadium, Kia Forum, Intuit Dome, Crypto.com Arena, Dodger Stadium, and more! The property location benefits from a strong demand for rental housing offering significant long-term growth potential. This is a great opportunity for anyone looking to invest in income property in Los Angeles!

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Fireplaces Type None

Equipment None

Laundry Community, In Carport

Exterior

Parking Features On street, Shared Driveway

Garage Spaces 3.0

Pool None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Lot Description Single Lot, Front Yard, Street Asphalt, Lot Shape-Rectangular, Lot-Level/Flat, Fenced

Water Public, Meter on Property

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Call It Closed International,Inc

Schools and Properties Nearby

633 W 75th St Los Angeles, CA 90044