$ 1,200,000
-
$1,200,000
Price -
7
Bed -
2
Bath -
2,000
SqFt
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About the Listing CLW-X80555 - CLW-C120978
Here is your chance to get into your first commercial investment property! (We can locate a commercial lender for you if needed!) A prime redevelopment property for sale, located a short drive from SoFI Stadium. The subject property has preliminary plans for an 18 unit apartment complex. However, research shows the building/lot can be switched to a 42 unit EB1 low income apartment project. There are currently tenants in place bringing in approximately $4300/month in rents and professionally managed. Ideal for a newer or experienced investors to generate income while working through planning and permitting with the city of Los Angeles! Or buy and renovate for your own office/retail use. The property is zoned C2 with a variety of options/uses. Please verify all zoning, permits, and allowed usages for your future plans. Great investment in a rapidly gentrifying neighborhood with brand new homes, restaurants and retail in the surrounding neighborhoods. The owner is related to the agent, and they may be willing to carry the current loan balance and let buyer take over payments. The property will be sold AS IS
Listing Highlights for 2124 W Manchester Ave
Status
Active
Days on Site
61
Property Type
Multi-Family
MLS ®
25561297
Year Built
1953
Total Square Footage
2,000
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 2 Full
- Appliances: Refrigerator, Oven
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6036001018
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2124 W Manchester Ave Los Angeles, CA 90047
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