2910 Acresite Street
Los Angeles, CA 90039
0.23 acres | #BB25080332
Description
This low maintenance property features an excellent unit mix of one
(1) 2 Bed/1.5 Bath townhouse unit and four (4) 3 Bed/2 Bath units
with ample parking and an on-site laundry room. An incoming
investor can capitalize on over 39% upside in potential gross rent
collections in this value-add deal, as rents in the area have
continued to skyrocket.
The property is on the corner lot of Acresite Street, right next to an
entrance to the Los Angeles Riverwalk, where The North Atwater
East Bank Riverway Project will transform 2.2 miles of existing
asphalt maintenance road into a clearly-marked, multi-use,
accessible riverway from the 134 Freeway to Los Feliz Blvd. Future
tenants will have ease of accessing this area for exercise and
entertainment, significantly boosting the property’s potential for
future rents as the area continues to be one of the most rapidly.
Property Details
- Lot DescriptionFrontYard, IrregularLot, StreetLevel
- Property TypeMulti-Family
- CountyLos Angeles
- Property SubtypeMultiFamily
- Original List Price$2,300,000
- MLS #BB25080332
- MLS #BB25080332
- Cost2300000
- Acres0.2315
- Utility SourcePublic
- Year Built1965
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Matthew McPherson (#BB40756)
Listing Office: Compass (#BH5345591)
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