Los Angeles, CA90002
| 1872 sqft | MLS# OC25068898
Tract:
For Sale $699,000
Description
*** PRICE IMPROVEMENT *** Unlock the potential of this prime 5-unit apartment complex, ideally positioned on a corner lot near Manchester Avenue and the 110 Freeway. With unbeatable access to downtown Los Angeles, LAX, and key transit corridors, this location is a magnet for renters seeking convenience and connectivity. All five units are currently occupied by long-term tenants, offering immediate and reliable cash flow. Recent upgrades include individual electrical sub-panels for each unit—boosting safety, efficiency, and compliance with modern standards. Tenants enjoy gated parking for added security and ease, while the surrounding neighborhood continues to benefit from ongoing revitalization efforts. Just minutes from popular dining spots, grocery stores, and retail centers, this property sits at the heart of a thriving rental market. Whether you're a seasoned investor or entering the multifamily space, this is a rare opportunity to acquire a stabilized asset in one of L.A.’s most dynamic growth zones. Don’t miss your chance to capitalize on location, income, and long-term upside.
Facts
| Built in 1947 | Lot Size: 5502.00 sqft | HOA Dues: $0/month
Features
Listing provided by Janeth Boctor, Real Broker
Based on information from California Regional Multiple Listing Service, Inc. as of August 15, 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.