1852 La Brea Avenue, Los Angeles
$1,950,000 - 4 Beds, 2 Baths, 2,176 SfMLS® # 24392247
$2,350,000
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Welcome to this charming 8-unit apartment building boasting classic Spanish style architecture in the coveted Country Club Park neighborhood. Only 8 Unit Apt nestled amidst tranquil single-family homes, this impeccably managed property offers a tranquil setting gated off at Pico Boulevard. Built in 1934 on a generous 10,491 sqft lot, it presents significant income potential with rents currently below market value. Six out of seven garages offer additional rental income opportunities. The property features newly landscaped gardens with lush turf, rose trees, and new trees, newly beautiful paint, alongside upgraded garages, driveways, and surveillance systems. Each unit is equipped with separate gas and electric meters. One unit has recently undergone tasteful remodeling with new appliances. Passed housing inspection in Oct 2023. Enjoy easy access to the 10 freeway, Mid-Wilshire, Koreatown, and Downtown LA. Fully leased with stable income and promising future prospects, this investment opportunity is not to be missed. One unit will be delivered vacant at C.O.E. Please refrain from entering the property and disturbing the occupants.
MLS® # 24392247
MLS® # 24391027
MLS® # 24379103
Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 2:10am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.