3209 Andrita Street, Los Angeles, CA 90065
List Price: $1.4M
Listing Status: Active
0Days on Market: 180
11 Bedrooms · 5 Bathrooms · 3,816 sq ft
Property Type: ResidentialIncome
Year Built: 1959
Lot Size: 9,599 sq ft
MLS Number: 26658973
About This Property
Compass is pleased to present the opportunity to acquire a five-unit property in the highly desirable neighborhood of Glassell Park. Situated on a generous 9,599-square-foot lot, this property offers both immediate income and significant upside potential.The property consists of two separate buildings. The front building features four two-bedroom, one-bathroom units, while the rear building is a four-bedroom, three-bathroom home that will be delivered vacant at closing. This creates a rare opportunity for an owner-user to live on-site while generating rental income, or for an investor to lease the unit at market rates and maximize returns.The subject property is conveniently located near shops, restaurants, major freeways, and Downtown Los Angeles, making it highly attractive to tenants. This is an excellent opportunity for both owner-users and investors alike.With rents currently below market and Glassell Park continuing to experience strong appreciation, this property presents a prime value-add opportunity with substantial income growth potential.Opportunities like this in one of Northeast LA's most sought-after neighborhoods do not last long.!
Listing provided by: Bo Hyeok Kim DRE #01968218 626-205-4040 bokim@compass.com, Compass
Source: CRMLS, MLS #: 26658973
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.