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SOLD | Near USC in Opportunity Zone (Los Angeles, CA)

OVERVIEW

CLOSED ESCROW – 2 Units in Opportunity Zone near USC
(Los Angeles, Ca)

03/25/2020

4055 Brighton is located one mile from USC and Exposition Park in Los Angeles. This nice 2 unit property offers an investor and/or owner-occupier to acquire a strong investment with upside in the rents and an opportunity to build an additional ADU in the rear.

This Spanish style duplex has two side by side units, consisting of one fully renovated 2 bed/1 bath unit and a 2 bed/1 bath unit currently tenant occupied. The building was originally built in 1921 with a total size of 1,860 SF, sitting on 6,966 SF lot. There are 2 total garages with an extended driveway for additional parking.

Prime Location near Leimert Park, USC, Exposition Park, Inglewood Football Stadium, LAX, 110 Freeway, and Restaurants & Shops.

PROPERTY FEATURES

  • ”Opportunity Zone” Tax Benefits
  • One Unit Currently Vacant and Remodeled
  • All Two Bedroom Units
  • Below Market Rents w/ Month to Month Tenancy
  • Property is Subject to Los Angeles Rent Control

 

SUMMARY

Offering Price:
Sold

Total Units:
2

Building SF:
1,860 sf

Lot Size:
6,965 sf

Year Built:
1921

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