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In-PersonVirtual Tour
$ 870,000
Est. payment | /mo
7,008 Sqft Lot
$ 870,000
Est. payment | /mo
7,008 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26038716
HOA Y/N No
Year Built 1912
Lot Size 7,008 Sqft
Property Sub-Type Apartment
Property Description
An excellent 5 units rental income property in Florence neighborhood of Los Angeles for sale. It is a great investment or development opportunity. The property comprises of a front single unit (3 Bed / 1 Bath) and a rear four-unit (All 2 Bed / 1 Bath). Rents across all units are significantly below market, offering a potential upside upon turnover. This gated property also sits on a 7006 square feet lot with 10 parking spaces. 601 & 603 W 75th St is centrally located just 4 miles from USC and Downtown Los Angeles with convenient access to the 110 freeway. Shopping, schools, EXPO PARK, CRYPTO Arena, LAX, BMO Stadium, LA Memorial Coliseum, LAFC, and Microsoft Theater are only minutes away. Hurry! Don't miss this amazing investment opportunity!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6020024023
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
Listed by REX CHAN SOPHIS REAL ESTATE, INC. 626-869-8666, DRE #01504436
Nearby Locations
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John Veytia
Associate Broker | Lic# DRE# 00279282