831 E 109th St, Los Angeles, CA 90059
831 E 109th St, Los Angeles, CA 90059
831 E 109th St, Los Angeles, CA 90059
831 E 109th St, Los Angeles, CA 90059
831 E 109th St, Los Angeles, CA 90059
831 E 109th St, Los Angeles, CA 90059
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$ 1,100,000
Est. payment | /mo

10 Beds

6 Baths

3,706 SqFt


Save
$ 1,100,000
Est. payment | /mo
Save

10 Beds

6 Baths

3,706 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,706 sqft

Price per Sqft $296

MLS Listing ID 26873047

Bedrooms 10

Year Built 1950

Lot Size 5,805 Sqft

Acres 0.1333

Property Sub-Type Multi-Family

Property Description

GET SMART WITH REAL ESTATE and discover an investment opportunity with multiple paths to potential income and value creation! This vacant Los Angeles property gives an investor something increasingly valuable, flexibility! With no existing tenants to inherit, a new owner has the opportunity to start fresh, make improvements, reposition the property and determine the rental or housing strategy that best fits their investment goals. The 2-unit configuration creates exciting possibilities for investors looking beyond the traditional rental model. Explore conventional long-term rentals, Housing Choice Voucher/Section 8 opportunities, transitional housing, recovery/sober living, shared housing, or partnerships with qualified housing providers and organizations, subject to applicable laws, licensing and program requirements. Investors may also consider renovation and repositioning strategies aimed at increasing rental performance and creating long-term value. Vacancy can be an advantage for the right investor. Instead of inheriting existing leases or rental terms, you have an opportunity to develop your own operating plan, select your rental strategy and position the property for its next chapter. Whether your goal is monthly cash flow, serving the growing demand for housing, building a long-term rental portfolio, or improving and repositioning the property, there are multiple avenues to explore. Bring your contractor, run your numbers and imagine the possibilities. Buyer and buyer's agent to independently verify property information, permitted unit status, rents, zoning, permitted uses, licensing requirements and suitability for buyer's intended investment strategy. Smart investors don't just buy property, they recognize possibilities others may overlook. Get Smart with Real Estate. Call Don Adams today to schedule an appointment and explore the opportunity for yourself.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment None

Exterior

Parking Features Garage Is Attached

Garage Spaces 3.0

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Keller Williams Hollywood Hills

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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831 E 109th St