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FOR SALE | 4 Unit Apartment in Leimert Park (Los Angeles, CA)

Overview

FOR SALE:  4 Units in Leimert Park Neighborhood
$975,000
Los Angeles, Ca

2614 W. 48th St. is located near the new Crenshaw/LAX Metro Line in the Leimert Park neighborhood in Los Angeles. This rare 4 unit property offers an investor and/or owner-occupier to acquire a steady investment in a strong rental market.

The subject property is comprised of two separate buildings, each 2 story, consisting of a large unit mix of (2) 2 bed/1 bath and (2) 1 bed/1 bath units. The building was originally built in 1933 with a total size of 4,331 SF, sitting on 6,748 SF lot, and there are 4 total garages. All the tenants are currently Month to Month, and at below market rents.  The property is in an “Opportunity Zone.”

Prime Location in Leimert Park near West Adams, Baldwin Hills, Crenshaw, Culver City, Inglewood Football Stadium, USC, Exposition Park, LAX, Restaurants & Shops.

 

Summary

Offering Price:
$975,000

Total Units:
4

Building SF:
4,331 SF

Lot Size:
6,748 SF

Year Built:
1933

Zoning
R1.5

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