Description
We are proud to exclusively present for sale a four unit property comprised of two duplexes, with the possibility of adding units. Located in East Hollywood, just south of SMB & east of the 101 FWY, this property is blocks from LA City College & Metro Subway Station. 3 of 4 units will be delivered vacant, w/2 units fully gutted & ready for rehabbing & 1 unit remodeled & ready to be rented! With 5,270SF of rentable space, the front units (4+3s), once rehabbed, should rent fast. Units are stacked. Back duplex has a 2+1 fully remodeled upstairs unit, which has been left vacant for a new owner to rent out. Bottom unit is currently leased at $1,000 and is a 2+1. The new owner will have a few different plays, including doing something similar to the existing proposed plans to remodel the front duplex, possibly adding 1 or 2 detached ADUs w/o the possibility of increased parking, or consider additional units in the back, as zoning allows around 10 units by right.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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5,270SQFT
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$284$/SQFT
School Ratings & Info
Description
We are proud to exclusively present for sale a four unit property comprised of two duplexes, with the possibility of adding units. Located in East Hollywood, just south of SMB & east of the 101 FWY, this property is blocks from LA City College & Metro Subway Station. 3 of 4 units will be delivered vacant, w/2 units fully gutted & ready for rehabbing & 1 unit remodeled & ready to be rented! With 5,270SF of rentable space, the front units (4+3s), once rehabbed, should rent fast. Units are stacked. Back duplex has a 2+1 fully remodeled upstairs unit, which has been left vacant for a new owner to rent out. Bottom unit is currently leased at $1,000 and is a 2+1. The new owner will have a few different plays, including doing something similar to the existing proposed plans to remodel the front duplex, possibly adding 1 or 2 detached ADUs w/o the possibility of increased parking, or consider additional units in the back, as zoning allows around 10 units by right.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T00:25:30.707. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.