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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,250,000

Est. payment - /mo

9,334 Sqft Lot

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UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26222517

HOA Y/N No

Year Built 1925

Lot Size 9,334 Sqft

Property Sub-Type Apartment

Property Description

ATTENTION INVESTORS! RARE 6-UNIT VALUE-ADD OPPORTUNITY WITH SELLER FINANCING AVAILABLE AT 5.5% INTEREST!

Excellent opportunity to acquire a 6-unit multifamily investment property in the heart of Los Angeles with tremendous upside potential! This property offers an attractive unit mix consisting of two 1-bedroom units, two 2-bedroom units, and two spacious 3-bedroom units, providing a diverse rental portfolio with strong income potential.

The property is in need of repairs and updating, making it an ideal opportunity for investors looking to renovate, reposition, and maximize rental income while building long-term equity. With six units and a desirable mix of bedroom configurations, this property presents an excellent opportunity for a value-add investment strategy.

MAJOR BONUS — SELLER FINANCING AVAILABLE AT 5.5% INTEREST! The owner is willing to carry a note at an attractive 5.5% interest rate, subject to mutually agreed-upon terms and buyer qualification. This unique financing opportunity may allow investors to acquire the property with favorable financing while executing their renovation and improvement plans.

Conveniently located in Los Angeles with access to employment centers, shopping, dining, public transportation, and major commuter routes.

BRING YOUR CONTRACTORS AND YOUR VISION! Whether you're an experienced multifamily investor or looking to expand your rental portfolio, this property offers the combination of multiple income-producing units, renovation potential, and attractive seller financing.

SIX UNITS! VALUE-ADD POTENTIAL! SELLER FINANCING AT 5.5%! DON'T MISS THIS INVESTMENT OPPORTUNITY!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Interior

Fireplace No

Laundry Outside

Exterior

Pool None

Community Features Curbs, Sidewalks

Private Pool No

Building

Lot Description Sloped Down, Front Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5156015023

Acceptable Financing Cash to New Loan, Conventional, Owner Will Carry

Listing Terms Cash to New Loan, Conventional, Owner Will Carry

Special Listing Condition Standard

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Listed by Brent Lippincott TREC HOMES INC. 909-917-4883, DRE #01729047

NEARBY SCHOOL & BUSINESS

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317 N Occidental Los Angeles, CA 90026