$749,900
+$11,200 cash back8201 Morton Ave, Los Angeles, CA 90001
Listed by Ulises Vega, DRE #01757104, Keller Williams Realty
0
Beds
0
Baths
β
Sqft
12,030
Lot sqft
Property Highlights
Listing Provided Agent
- β’ Name: Ulises Vega
- β’ DRE: 01757104
- β’ Email: thevegateam@kw.com
- β’ Phone: -
Listing Provided Office
- β’ Name: Keller Williams Realty
- β’ Email: dave@kwcorona.com
- β’ Phone: 951-271-3000
Source
Description
INVESTOR SPECIAL / VALUE-ADD MULTIFAMILY OPPORTUNITY! Incredible investment potential located in the Florence-Firestone area, just blocks from Huntington Park. This 6-unit property offers massive upside with an estimated After Repair Value (ARV) exceeding three times the current price. The unit mix consists of six (6) 1-Bedroom / 1-Bathroom units situated on an expansive 12,030 sq. ft. lot (over 1/4 acre) zoned LCR2YY. Building size is approximately 3,264 sq. ft. Five (5) units are currently occupied generating immediate rental income, while one (1) unit is vacant, offering an ideal opportunity for owner-occupancy ("house hacking") or immediate renovation to capture top market rents. Each unit features separate gas and electric meters. Owner currently pays water, with tenant overage reimbursement terms in place. Prime candidate for a heavy value-add renovation, capital appreciation, and long-term portfolio growth. Buyers to verify all listing info, zoning, permits, and potential development rules with LA County. Do not disturb tenants.
Home Details
Interior
Features
- Flooring: 1
Heating & Cooling
- Heating: Baseboard
Exterior
Features
- Levels: One
Parking & Lot
- Garage Spaces: 3
- Lot Size: 12,030 sqft
Utilities & Community
Utilities
- Water Source: Public, 6 separate electric meters, 6 separate gas meters
- Sewer: Public Sewer
Community
- Sidewalks
Local Information
Home Buying Journey
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Pinkmelon, Inc. is a licensed real estate broker and operates as a team of real estate agents, complying with all equal housing opportunity laws. All information presented herein is collected from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No guarantee is made as to the accuracy of any description. All measurements and square footage are approximate. This information is provided for general informational purposes only and should not be interpreted as legal, tax, or other professional advice outside the scope of real estate brokerage. This is not intended to solicit listings from other brokers.