CA > Los Angeles
Los Angeles, CA 90047,2124 W Manchester AVE
Los Angeles, CA 90047,2124 W Manchester AVE
Los Angeles, CA 90047,2124 W Manchester AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,200,000
Est. payment /mo
7 Beds
2 Baths
2,000 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $600

MLS Listing ID 25561297

Bedrooms 7

Construction Status Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1953

Lot Size 6,324 Sqft

Property Description

Here is your chance to get into your first commercial investment property! (We can locate a commercial lender for you if needed!) A prime redevelopment property for sale, located a short drive from SoFI Stadium. The subject property has preliminary plans for an 18 unit apartment complex. However, research shows the building/lot can be switched to a 42 unit EB1 low income apartment project. There are currently tenants in place bringing in approximately $4300/month in rents and professionally managed. Ideal for a newer or experienced investors to generate income while working through planning and permitting with the city of Los Angeles! Or buy and renovate for your own office/retail use. The property is zoned C2 with a variety of options/uses. Please verify all zoning, permits, and allowed usages for your future plans. Great investment in a rapidly gentrifying neighborhood with brand new homes, restaurants and retail in the surrounding neighborhoods. The owner is related to the agent, and they may be willing to carry the current loan balance and let buyer take over payments. The property will be sold AS IS

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Interior Features Ceiling Fan(s)

Heating Central

Fireplace No

Appliance Oven, Refrigerator, Dryer, Washer

Exterior

Parking Features Carport

Total Parking Spaces 5

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 6036001018

Security Features Security Gate,Smoke Detector(s),Window Bars

Financing Assumed,Cash,Contract,Private

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Mark Wong Cal Mutual Inc

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