CA > Los Angeles
Los Angeles, CA 90032,1832 Lansdowne AVE
Los Angeles, CA 90032,1832 Lansdowne AVE
Los Angeles, CA 90032,1832 Lansdowne AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,099,000
Est. payment /mo
8 Beds
4 Baths
3,181 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,181 sqft

Price per Sqft $345

MLS Listing ID 25624855

Bedrooms 8

HOA Y/N No

Year Built 1937

Property Description

I, as the exclusive listing agent, am pleased to offer for sale a 4-unit apartment community located at 1832 Lansdowne Avenue. The subject property is located north of the I-10 Freeway and south of Valley Boulevard.The property is located in a desirable pocket of Northeast LA. The building is in close proximity to Downtown LA, the Arts District, and the San Gabriel Valley. This provides residents with convenient access to employment centers, retail, and entertainment in the immediate area.Situated on a 5,390-square-foot parcel, the property is comprised of four two-bedroom units. In-place occupied unit rents average $1,184, approximately 111% below market. With market rents achieving $2,500/month, Lansdowne presents a compelling mark-to-market opportunity through unit turnover and interior upgrades.1832 Lansdowne Avenue offers investors a well-located asset in a desirable Northeast Los Angeles infill neighborhood. The surrounding area continues to improve, supported by ongoing gentrification and strong rental demand. These fundamentals, combined with the property's inherent value-add potential, position a new owner to benefit from both nearterm enhancements and long-term appreciation PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Location

State CA

County Los Angeles

Area 621 - El Sereno

Zoning LAR1

Interior

Fireplace No

Exterior

Total Parking Spaces 2

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5223028037

Special Listing Condition Standard

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CRMLS – RECore
Listed by Sean Rosenzweig Marcus & Millichap

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