Joe Cloninger

Partner, Sales/Marketing | License ID: 01954784

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$ 580,000

$ 630,000 7.9%

Est. payment | -/mo

6 Beds

5 Baths

2,100 SqFt

$ 580,000

$ 630,000 7.9%

Est. payment | -/mo

6 Beds

5 Baths

2,100 SqFt

Key Details

Sold Price $580,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,100 sqft

Price per Sqft $276

MLS Listing ID 26813121

Sold Date 07/31/26

Style Bungalow

Bedrooms 6

Year Built 1913

Lot Size 7,143 Sqft

Acres 0.164

Property Sub-Type Multi-Family

Property Description

Calling all savvy investors: Discover the massive potential of this 5-unit income property in the heart of a vibrant, high-growth pocket of South Los Angeles. Currently comprised of four 1-bedroom units and one 2-bedroom unit, this fully tenant-occupied asset serves as a versatile canvas for a high-yield renovation or a fresh development. While the property shows deferred maintenance, it presents a rare "value-add" opportunity to modernize and maximize rental upside in a high-density urban market. Practicality meets potential with 5 assigned parking spaces accessible via the rear alley, providing a functional foundation for future plans. Nestled in a community celebrated for its rich cultural history and strong historic character, this property is perfectly positioned to benefit from the area's rapid evolution. Situated just minutes from world-class entertainment and transit hubs, including SoFi Stadium, the Kia Forum, and the Intuit Dome, with seamless access to LAX and major freeways, local parks, and shopping. Layout: This unique investment opportunity features 3 separate buildings on a single lot, providing a versatile layout comprised of two 1-bedroom units (left and right buildings) and a detached 2-bedroom unit at the rear. Whether you choose to revitalize the existing structure or leverage the LARD1.5 zoning, this can be a premier choice for significant long-term gains. Interested parties are encouraged to contact LA County to explore the full range of possibilities.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Flooring Laminate, Vinyl, Tile

Fireplaces Type None

Equipment None

Laundry In Unit

Exterior

Parking Features Driveway - Concrete, Driveway Gate

Garage Spaces 5.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Lot Description Back Yard, Fenced Yard, Lawn, Yard, Walk Street, Front Yard

Story 1

Sewer In Street

Water Public, In Street, Meter on Property

Architectural Style Bungalow

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass
Bought with Hayes Realty