Description

Great opportunity to add to or start your investment portfolio. This property has long term tenants, a Main house and 2 units in the rear, there is a parking area at the front house that can accommodate 3 autos and 3 parking spots behind & side of the rear units. Potential value ad with parking being scarce. Seller has submitted plans to the city & add a second level to main house an ADU & Jr ADU totaling 8 bedrooms and 6 baths.Strong Central LA Location within the Jefferson Park/ West Adams Area, and historic and well-established community in South LA. The area is well known for early 20th century homes and historic preservation Overlay Zone (HPOZ) in parts of the area. This appeals to people who appreciate architectural character & neighborhood identity. Easy access and commute to Downtown LA, Koreatown, USC, Culver City and surrounding employment hubs. the 10 and 110 freeways, Jefferson Blvd and Western Ave. Predominantly residential area with a mix of single-family homes and small multifamily properties. Increasing interest by investors and owner users.Strong rantal demand driven by central location and transit access.