Courtesy of eXp Realty of Greater Los Angeles, Tina Akalu - CA DRE#02222974
Rare opportunity to own a versatile multifamily property in the heart of Los Angeles' desirable Mid-City neighborhood, approximately one mile from Culver City. This property features two separate buildings with three individual living units, offering an attractive combination of rental income, flexibility, and long-term investment potential. The property consists of a detached front residence featuring 2 bedrooms, 1 bathroom, and an additional bonus room, along with two rear units, each offering 1 bedroom and 1 bathroom with a bonus/office room for one of the two units. This property presents an excellent opportunity for investors seeking income-producing real estate. The property is zoned for up to four units, buyers are encouraged to independently verify zoning, development potential, permitted uses, square footage and applicable city requirements. Significant improvements were completed in 2022, including all-new flooring throughout, fresh interior and exterior paint, and updated kitchen cabinets. The property also benefits from documented full foundation replacement, adding value to the improvements made. Additional features include on-site parking spaces, separate gas and electric meters, and a convenient two-building configuration. Ideally located near Culver City, with convenient access to shopping, dining, entertainment, major freeways, and other desirable Los Angeles destinations. Whether you're looking to live or to expand your investment portfolio, generate rental income, or explore additional development opportunities, this property offers a compelling combination of location, versatility, and investment potential.
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