140 South AVENUE 58 Los Angeles (City), CA 90042

$1,100,000 6,999 sq. ft.

140 South AVENUE 58

Year Built: 1909
Interior: 6,999 sq. ft. (approx.)
Land: 0.16 acres (approx.)
MLS ID: 18329788_CLAW

Pleased to present for sale an excellent investment opportunity in one of LA's Hottest Rental Markets - Highland Park! The property is comprised of (3) Units with (1) 4 Bedroom & 2 Bathroom Unit, (1) 5 Bedroom & 2 Bathroom Unit, and (1) 2 Bedroom & 1 Bathroom Unit. The 2 Bedroom unit will be delivered VACANT at the close of escrow, as well as (2) Bedrooms. The remainder of the units are currently being rented by room. The opportunity has tremendous upside potential by converting the units into large 2 or 3 bedroom units with tremendous amount of livable space for tenants to enjoy. This property appeals to an investor and/or owner-user looking to occupy one unit and rent out the remainder. The property also has future small-lot development potential - with an opportunity to build 4 small lot homes by right. PLEASE DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY!

Courtesy of:
Remax Commercial and Investment Realty
Eric Dilanian

Interior Features

Heating & Cooling

Exterior Features

Type of Property
Residential Income

Parking Lot Bays: 7

This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY
Real estate agents affiliated with Sotheby's International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission.

carets-mlsBased on information from the Association of REALTORS®/Multiple Listing as of May 23rd 2018. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Operated by Sotheby's International Realty, Inc.
Copyright © 2004-2018 Sotheby's International Realty, Inc All Rights Reserved.