1491 Stadium Way, Los Angeles, CA 90012
List Price: $999K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1974
Lot Size: 5,422 sq ft
MLS Number: AR26118482
About This Property
Exceptional value-add investment opportunity to acquire a 5-unit multifamily property in a desirable Los Angeles location. Situated at 1491 Stadium Way, this property offers a total of 7 bedrooms, 5 bathrooms, and approximately 3,296 square feet of living space. Ideally located near Dodger Stadium, Downtown Los Angeles, China Town, Elysian Park, and major transportation corridors, including the 110 Freeway, the property benefits from convenient access to employment centers, dining, shopping, entertainment, and public transportation. The property features separate gas and electric meters, helping to reduce owner utility expenses and simplify property management. The property is currently tenant-occupied with rents below prevailing market rates, presenting investors with the potential for future income growth, subject to applicable laws, tenant rights, and local regulations. Competitively priced to reflect its current income and tenancy profile, this offering presents an excellent opportunity for investors seeking a well-located multifamily asset with long-term upside potential in one of Los Angeles' most established rental markets. Buyers are encouraged to independently verify all information, including unit count, square footage, rents, expenses, permits, zoning, and condition of the property.
Listing provided by: Mulyani Ang DRE #01473341 714-614-7342 realtorforyouall@gmail.com, The One Luxury Properties
Source: CRMLS, MLS #: AR26118482