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1101 Leighton Avenue

Los Angeles (City), CA 90037
  • $1,895,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 23302085
UPDATED: 137 min ago
$1,895,000
  • 11
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,344
    SQFT
  • $436
    $/SQFT
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing Agent(s): Shiva Mehrdad of Power Brokers (310-402-5593)


Description

Presenting a remarkable investment opportunity: a strategically positioned 4-unit multifamily property located in the vibrant City of Los Angeles. complete with a recently added Accessory Dwelling Unit (ADU) currently vacant. This enticing offering not only promises potential income, but also versatility. Whether you're looking to RESIDE IN ONE UNIT AND GENERATE INCOME FROM THE OTHERS, or maximize revenue by renting out all spaces, this property caters to your desires. This offering stands as a testament to both prime location and potential for lucrative returns. Each unit showcases thoughtful layouts, catering to the demands of urban living. Situated in a sought-after area, residents will relish easy access to amenities, cultural attractions, and essential conveniences. Whether you're a seasoned investor or seeking to diversify your portfolio, this multifamily gem promises not only immediate value but also a promising future in one of the nation's most dynamic real estate markets, the City of Los Angeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142565326
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1101 Leighton Avenue Los Angeles (City), CA 90037

  • Price: $1,895,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 137 min ago
  • ID#: 23302085
11
Beds
0
Baths
0
½ Baths
0.16
Acres
4,344
SQFT
$436
$/SQFT
1942
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Presenting a remarkable investment opportunity: a strategically positioned 4-unit multifamily property located in the vibrant City of Los Angeles. complete with a recently added Accessory Dwelling Unit (ADU) currently vacant. This enticing offering not only promises potential income, but also versatility. Whether you're looking to RESIDE IN ONE UNIT AND GENERATE INCOME FROM THE OTHERS, or maximize revenue by renting out all spaces, this property caters to your desires. This offering stands as a testament to both prime location and potential for lucrative returns. Each unit showcases thoughtful layouts, catering to the demands of urban living. Situated in a sought-after area, residents will relish easy access to amenities, cultural attractions, and essential conveniences. Whether you're a seasoned investor or seeking to diversify your portfolio, this multifamily gem promises not only immediate value but also a promising future in one of the nation's most dynamic real estate markets, the City of Los Angeles.
Exterior Features

Parking Features Direct AccessGarage Parking Total 0

Property Features

Association YN No Cap Rate 4.5 Disclosures Listing Broker Advantage Garage YN Yes Gross Income 141000 Laundry Features None Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 84600 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Shiva Mehrdad of Power Brokers (310-402-5593)