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$ 869,000
Est. payment /mo
Active
633 W 75th Street Los Angeles, CA 90044
5 Beds
1,800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $482
MLS Listing ID CL26832661
Bedrooms 5
HOA Y/N No
Year Built 1989
Lot Size 7,008 Sqft
Acres 0.16
Property Sub-Type OTHER
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
Zoning LAR3
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Laundry Common Area, Other
Exterior
Exterior Feature Front Yard
View Y/N false
View None
Total Parking Spaces 3
Building
Lot Description Other, Front Yard
New Construction No
Others
Tax ID 6020023014
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Listed by Claudia Ghazanfary • Call It Closed International,Inc