CA > Los Angeles
Los Angeles, CA 90042,327 S Avenue 57
Los Angeles, CA 90042,327 S Avenue 57
Los Angeles, CA 90042,327 S Avenue 57
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Listed by Levon Arzumanyan • The Agency - Studio City
$1,100,000
Est. payment /mo
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2,898 SqFt
Active

327 S Avenue 57 Los Angeles, CA 90042

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Daniel Ripper

Daniel Ripper

+1(415) 205-6312

UPDATED:

10/09/2024 06:26 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,898 sqft

Price per Sqft $379

MLS Listing ID CRGD24186749

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1955

Lot Size 5,048 Sqft

Property Description

A unique opportunity to own a 4-unit income property in trendy Highland Park, close to Figueroa, and walkable to Highland Park Bowl, HomeState restaurant, Civil Coffee & Mendocino Farms. This property sits on a spacious 5,048 Sqft. lot that is zoned LARD 1.5 with a 42�??x120�?? dimension. The property consists of: (3) two beds & one bath; (1) one bed & one bath. Two of the 2 bed/1 bath units are approx. 750 sf and another is approx. 700 sf, with the one bedroom being around 600 sf. However, the 1 bed unit�??s adjoining large laundry room is perfectly sized for an easy bedroom conversion to a 2 bed 1 bath in order to increase the rent in the future. With unit #3 being vacant now �?? it�??s a great opportunity for an owner occupant to move-in, a family member, or to improve the unit and bring aboard a new tenant. The shared driveway allows each unit to access its one-car private carport space in the rear of the building, which may have the space for a potential ADU add-on above the four parking spots. This is a great value add-on opportunity for an investor to fix and renovate for a buy and hold or to flip. Additionally, the location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line, making it ideal for those seeking the best of urban

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Laundry Common Area

Exterior

View None

Parking Type Other

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

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327 S Avenue 57

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