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
mes1448236800

Interior Features

Heating & Cooling
Other

Exterior Features

Type of Property
Residential Income

Garage/Parking
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
 
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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.

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