Los Angeles, CA 90003,233 W Century Blvd
Los Angeles, CA 90003,233 W Century Blvd
Los Angeles, CA 90003,233 W Century Blvd
Los Angeles, CA 90003,233 W Century Blvd
Los Angeles, CA 90003,233 W Century Blvd
Los Angeles, CA 90003,233 W Century Blvd
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$ 975,000
Est. payment | /mo

8 Beds

4 Baths

3,224 SqFt


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$ 975,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,224 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,224 sqft

Price per Sqft $302

MLS Listing ID 25498713

Bedrooms 8

Year Built 1961

Lot Size 4,419 Sqft

Acres 0.1014

Property Sub-Type Multi-Family

Property Description

Amazing opportunity to acquire a well maintained four-unit building in South Los Angeles with significant upside in rents and additional value-add potential to add ADU's (buyer to verify). All four units are bread-and-butter two-bed, one-bath units. With long-term below-market rents and nearly 50% in upside to market potential (accessible in event of vacancy), this property presents a tremendous opportunity to reposition the building into better cash-flow and equity almost right away. With proximity to draws such as SoFi Stadium, and central to economic hubs in Downtown Los Angeles, Silicon Beach, and the South Bay, with all of Southern California accessible via nearby 110, 405, and 105 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. Additionally, this two-story building leaves much of the 4,419sf lot to parking, which can potentially be repurposed pursuant to SB1211 to maximize the income potential for a greater return on investment.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Gas Or Electric Dryer Hookup

Exterior

Parking Features Side By Side, Uncovered, Driveway Gate, Assigned

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Property Concierge
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+1(213) 434-2433

[email protected]

California, 91214-1304, USA

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233 W Century Blvd