FOURPLEX for SALE - Value Add Investment Opportunity

Description

About This House

OFF MARKET

An investment property comprising four units is available in the desirable City Terrace neighborhood of Los Angeles. The location is adjacent to the freeway and offers views of the city.

The property includes two 2-bedroom units on the ground floor and a 3-bedroom unit upstairs. Additionally, there is a permitted, detached structure at the rear containing a 2-bedroom accessory dwelling unit (ADU).

The property is currently vacant and undergoing renovations.

Projected monthly income following the renovation is expected to exceed $13,000. The estimated after-repair value (ARV) is over $1.5 million.

The address is City Terrace Dr, Los Angeles, CA 90063.

Interested parties are encouraged to act promptly on this opportunity.

Property Details

• Lot Size: 4,000 square feet
• Building Size: 2,800 square feet
• Zoning: C2 Mixed-Use

Financial Information

• Current \"As Is\" Price for Quick Sale: $995,000
• Estimated After-Repair Value (ARV): Approximately $1.5 million

This offering is for principals only. No real estate agents or wholesalers, please.

Location