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$ 2,295,000
Est. payment | /mo
5 Beds
4 Baths
0.49 Acres Lot
$ 2,295,000
Est. payment | /mo
5 Beds
4 Baths
0.49 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID GD25044333
Bedrooms 5
HOA Y/N No
Lot Size 0.493 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
This prime Montrose eight (8) unit is close to restaurants, shopping, a movie theater, post office and various community services. Located on a larger 21,471 square foot lot, the property has the potential for building additional dwelling units (ADUs). This building has several rents far below market at this time, however any move outs will be an immediate benefit to an astute buyer. Additionally, the building has over 600 square feet of dead storage space that can bring added revenue. The long-time owner has relocated and prefers an all cash or cash to new loan offer.
This prime Montrose eight (8) unit is close to restaurants, shopping, a movie theater, post office and various community services. Located on a larger 21,471 square foot lot, the property has the potential for building additional dwelling units (ADUs). This building has several rents far below market at this time, however any move outs will be an immediate benefit to an astute buyer. Additionally, the building has over 600 square feet of dead storage space that can bring added revenue. The long-time owner has relocated and prefers an all cash or cash to new loan offer.
This prime Montrose eight (8) unit is close to restaurants, shopping, a movie theater, post office and various community services. Located on a larger 21,471 square foot lot, the property has the potential for building additional dwelling units (ADUs). This building has several rents far below market at this time, however any move outs will be an immediate benefit to an astute buyer. Additionally, the building has over 600 square feet of dead storage space that can bring added revenue. The long-time owner has relocated and prefers an all cash or cash to new loan offer.
Location
State CA
County Los Angeles
Area Montrose (91020)
Zoning Other
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Acceptable Financing Cash
Space Rent $1,900
Listing Terms Cash
Listed by James Garrison • Stevenson Real Estate Services