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Search Cali Homes Team
6605 Denver Avenue, Los Angeles, CA 90044
- $645,000
- 4
- BD
- 4
- BA
- 2,332
- SqFt
Listing courtesy of Listing Agent: Chandler Rockwell (chandler@fredleedsproperties.com) from Listing Office: Fred Leeds Asset Group Inc..
- List Price
- $645,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- 26107652
- Subtype
- Residential Income
- Year Built
- 1953
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,332
- Lot Size
- 5,404
- Acres
- 0.12
- MLS Area Major
- Downtown L.A. (C42)
Property Description
ADU plans SUBMITTED! Fully occupied 4-unit income property in South Los Angeles with major value-add upside. 6605 Denver Ave offers four 1-bedroom / 1-bathroom units across approximately 2,332 SF of living area on a 5,404 SF LAR2-zoned lot. All four units are currently occupied, producing $3,362 per month ($40,339 annually) in actual gross rents with long-term tenancies in place, leaving meaningful room for an investor to grow income over time. The ADU opportunity, with plans SUBMITTED, gives a buyer a clear path to add another income-producing unit and increase the property's value. Built in 1953. Conveniently located near the 110 Freeway, Figueroa St, and Gage Ave with easy access to Downtown LA and USC. An excellent opportunity for an investor seeking stable in-place income today plus built-in upside through the ADU. Buyer to verify all information including ADU plans, permits, and unit details.
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Additional Information
- Zoning
- LAR2
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Stories
- Multi Level
- Levels
- Multi/Split
- Pool Type
- None
- Parking Features
- Driveway, Gated, Uncovered
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.