$1,556,000
Los Angeles, CA 90006
11
Beds
6
Baths
3,999
Sq. Ft.
1964
Year Built
Los Angeles
County
ResidentialIncome
Property Type
Attention Investors & Developers! We present two adjacent income properties totaling 11 units on a combined 11,787 SF R4-zoned lot near Olympic Blvd and Vermont Ave, just minutes from Downtown Los Angeles. This is a rare opportunity to acquire a high-density development site with solid in-place income and excellent future potential. 964 features one spacious 3bd+2ba unit and four 2bd+1ba units and 6 covered side-by-side parking spaces in the rear. 968 offers five 2bd+1ba units, and one 1bd+1ba unit, and 6 covered side-by-side parking spaces in the rear and 3 tandem parking spaces in the driveway. With strong rental demand in the area and favorable zoning for redevelopment, this is an ideal opportunity for investors or developers seeking long-term value in one of LA's most dynamic neighborhoods. Both properties have to be sold concurrently.
$8,282/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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