Property Detail

3862 Broadway

Los Angeles CA 90031

$697,000

Status: Active

Property Details

Description

SOLD AS-IS. NO VACANCIES. This 3-unit multi-family property is a value-add opportunity in the heart of Los Angeles. Featuring one 2-bedroom, 1-bath detached unit and two 1-bedroom, 1-bath attached units. Units are all rented/occupied by long-term tenants (10+ years) on month-to-month terms. There may be opportunities for expansion through the addition of ADUs or adding square footage to existing units. Buyer to further investigate with the City of LA. There is a 2-car garage and common area that may allow space for this. Great opportunity to purchase an income-producing fixer that is centrally located with short distances to Downtown Los Angeles, Dodger Stadium, Pasadena, and Glendale to name a few. Property will be sold with tenants. Offering memorandum available upon request. DO NOT DISTURB OCCUPANTS. CALL FOR FURTHER INSTRUCTIONS or DETAILS.

Map Location

Listing provided courtesy of Aldo Baltodano of Greenpoint Real Estate Services. Last updated 2024-05-13 08:11:24.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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