968 1/2 South New Hampshire Avenue, Los Angeles, CA 90006

$1,550,000 Approx. USD 12 beds, 6 baths
3,786 sqft

Agent Remarks

Attention, INVESTORS & DEVELOPERS!!! 2 adjacent income properties (5units & 6units) situated on a R4 zoned lot near Olympic & Vermont. Centrally located in a heavily gentrifying neighborhood with numerous redevelopment projects within 0.5 mile radius. Minutes to Downtown LA. Combined lot size is 11,787sf=appx93'by127'; great future development opportunity. Well maintained with pride of ownership. New roofing was installed about 3 years ago. 964 consists of 1x(3BR+2BA) & 4x(2BR+1BA). 968 consists of 5x(2BR+1BA) & 1x(1BR+1BA). HUGE UPSIDE POTENTIAL. Friendly tenants and easy to maintain. Recently passed LAHD inspections. Please, contact LA for more detailed info. Drive by ONLY; do not disturb occupants. Write an offer subject to interior inspection. Buyer to cooperate with Seller's 1031 exchange. Both 964 & 968 must be sold concurrently.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-165698
List price is $1,550,000
Beds: 12
Baths: 6
Built in 1964
3,786 sqft
County: Los Angeles
Zoning: LAR4
Parking type: Assigned
Appliances: None
Heating description: Wall Gas
MLS area: Mid-Wilshire (C17)

Last Updated: 10/3/2016

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This listing belongs to the Mid-Wilshire (C17) MLS area

The listing is zoned LAR4.
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Lat/Long: 34.053619, -118.292351.
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Broker: Courtesy of Realty One Group- Prime
Listing Agent: Ashley Kim
Co Listing Agent: Johnny Cho

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