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$1,500,000
Est. payment /mo
6,743 Sqft Lot
Price Dropped by $499K
1508 W 28th ST Los Angeles, CA 90007
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UPDATED:
12/20/2024 12:48 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24127018
HOA Y/N No
Year Built 1904
Lot Size 6,743 Sqft
Property Description
Prime Location, investment opportunity!! with Two Budlings, 2 addresses: 2815 Walton St & 1510 W 28th St for a total of. 6 units in total with (ZONING FOR APPARTMENTS 5+). LIVE IN ONE AND RECIEVED 5 RENTAL INCOME, YES FIVE RENTAL INCOMES. This could be the opportunity you been waiting for. One of the Untis has been completely remodeled adding value and minimizing immediate maintenance costs. The Main plumbing pipe has been recently updated adding significant perks. Main Unit has front deck and back deck. Perfect for relaxing after a long day of work. This property has lots of potential. It is conveniently located just a walking distance to prestigious USC (University of Southern California) Nestled just a short drive away from abundance of entertainment and landmarks options such as Exposition Park, BMO Stadium (LAFC), Natural History Museum, California Science Center, DTLA, SoFi Stadium, Crypto Center, shopping centers museums, Downtown LA, the Arts District, renowned dining, the Los Angeles Coliseum, BMO Stadium, Crypto Arena and much more.
Plus, the location near USC and so many entertainment and landmark options could make these units highly desirable for renters, particularly students and professionals working in Downtown LA and the surrounding areas. The convenience of having so many amenities nearby is definitely a strong selling point.
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Plus, the location near USC and so many entertainment and landmark options could make these units highly desirable for renters, particularly students and professionals working in Downtown LA and the surrounding areas. The convenience of having so many amenities nearby is definitely a strong selling point.
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Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning Apartment house
Interior
Fireplace No
Laundry Common Area
Exterior
Present Use Commercial,Investment,Multi-Family
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 5054034006
Acceptable Financing Cash, Conventional, 1031 Exchange, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, VA Loan
Special Listing Condition Standard
Listed by Willyn Bernabe • Homeside Real Estate • 213-210-8104