Los Angeles, CA90019
| 7652 sqft | MLS# 25510147
Tract:
Pending $1,598,000
Description
We offer FOR SALE this value-add 10-unit two-story walkup apartment building in the Mid-City of Los Angeles. Built in 1958, the property offers 8 - one bedroom/one bath and 2 - two bedroom one bath apartments and according to the Los Angeles County Tax Assessors office, 7,652 square feet of building area. There are several very low rents providing very good future rental upside. There are two vacant units and a good possibility of a third, (please contact listing agent for more information on this.) The location is two blocks east of Crenshaw Blvd and just north of Olympic Blvd. This area enjoys a central locality and is close by car to Downtown Los Angeles, the Miracle Mile, Hollywood, Mid-Wilshire and Beverly Hills. This building is surrounded by a vast pool of traditional employers in almost every conceivable industry as well as educational institutions, government facilities and small businesses of every sort and kind. This contributes to the strong mandate for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. Please refrain from walking on the property and please do not disturb the tenants. For more information, please call the listing agent.
Facts
| Built in 1958 | Lot Size: 8367.00 sqft | HOA Dues: $0/month
Features
Listing provided by James Gilb, James F. Gilb
Based on information from California Regional Multiple Listing Service, Inc. as of July 26, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.