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233 W Century Boulevard
USD 975,000
Property ID: 25498713
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233 W Century Boulevard ,90003
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icon 4419 SqFt
icon Built in 1961
icon USD 221/SqFt
icon 8 Beds
icon 4 Full
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Location
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Interior Details
Bedrooms
8
Bathrooms
4
Interior Size
3224
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1961
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Detailed Introduction Of This Home
Amazing opportunity to acquire a well maintained four-unit building in South Los Angeles with significant upside in rents and additional value-add potential to add ADU's (buyer to verify). All four units are bread-and-butter two-bed, one-bath units. With long-term below-market rents and nearly 50% in upside to market potential (accessible in event of vacancy), this property presents a tremendous opportunity to reposition the building into better cash-flow and equity almost right away. With proximity to draws such as SoFi Stadium, and central to economic hubs in Downtown Los Angeles, Silicon Beach, and the South Bay, with all of Southern California accessible via nearby 110, 405, and 105 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. Additionally, this two-story building leaves much of the 4,419sf lot to parking, which can potentially be repurposed pursuant to SB1211 to maximize the income potential for a greater return on investment.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (14)
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233 W Century Boulevard
USD 975,000 8 Beds
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