1715 E 65th Street, Los Angeles, CA 90001
List Price: $700K
Listing Status: Active
Original List Price: $770K
0Days on Market: 62
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1954
Lot Size: 6,026 sq ft
MLS Number: CV26154450
About This Property
PRICE REDUCTION! MOTIVATED SELLER! GREAT INVESTMENT OPPORTUNY! Well-maintained 4-unit property consisting of 3 separate buildings, offering excellent income potential. Each unit features 1 bedroom, 1 bathroom, interior laundry, and wall heaters. Property offers ample parking with a large front driveway and additional parking behind the wrought-iron gate. Excellent opportunity to increase rental income! The occupants of 1715 1/2 have indicated a willingness to relocate, potentially providing the new owner an opportunity to stablish a new rental rate upon lawful vacancy, subject to applicable rent-control and tenancy laws. Current gross monthly rental income is approximately $4,389, with potential for increased income. Property features 4 separate electric meters and 4 separate gas meters, with tenants paying their respective usage. Additional yard/grass area may offer future development or ADU potential, subject to buyer verification of zoning, permits, and local requirements. Great opportunity for an investor looking to expand their portfolio or a buyers seeking a multi-unit property with long-term income and value-add potential. Buyer to verify all rents, tenancy information, permits, square footage, zoning, and development potential.
Listing provided by: Sandra Balentan DRE #01729779 626-671-4100 balentanrealestate@gmail.com, COLDWELL BANKER LEADERS
Source: CRMLS, MLS #: CV26154450
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.