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$ 2,200,000
Est. payment | /mo
1 Bed
2 Baths
8,257 Sqft Lot
$ 2,200,000
Est. payment | /mo
1 Bed
2 Baths
8,257 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV26214348
Bedrooms 1
Lot Size 8,257 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Value-add opportunity with substantial rental upside and ADU expansion potential in Los Angeles Carthay neighborhood. This 12-unit apartment building features ten one-bedroom units and two studios across approximately 8,578 SF, secured entry and rear alley access. RTI plans for six additional ADUs offer a potential expansion to 18 units, subject to buyer verification. The property offers multiple paths to income growth and value creation. Seller financing available; amount, rate and term are negotiable.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From Pico Boulevard, head north on South Fairfax Avenue to 1215 S Fairfax Avenue.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5086003003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Jay Fall, DRE#02071889 Keller Williams Palos Verdes
Co-listed byMatthew Sillaman • Keller Williams Palos Verdes
Co-listed byMatthew Sillaman • Keller Williams Palos Verdes
Nearby Locations
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Krystal Lane
Partner Lic# 1918284