Pending Multi-Family MLS# 26985825

315 W 65th Street

Los Angeles, CA 90003

$875,000

california-regional-mls-rsd logo

About 315 W 65th Street

Fantastic Fourplex with four 2-bd, 1 ba apartments for OWNER/USER OR INVESTOR. Bring your first time buyers, FHA, and VA Buyers for this opportunity to move into the one vacant unit (Unit #3) that is already fully remodeled for the new owner. The other three units are already rented/occupied bringing in $5,205/mo in rent that could cover the buyer's mortgage! Or just rent out the vacant unit bringing the total income to approximately $7,500/mo. Great investor opportunity!!! Unlock approximately 20% upside potential in rental income. This fourplex moneymaker in the heart of Los Angeles comes with four 2-bedroom, 1 bath apartments two garage spaces and 4 additional parking spaces on site. Potential to build 2 ADU's; Buyer to verify. Minutes away from DTLA, USC & 105,110 & 10 freeways. Centrally located to Restaurants, Entertainment, and public transportation. This property is great to add to your investment portfolio!

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Pending
Year built
1962
Stories
2
Living area
3,238 sqft
Price / sqft
$270
Lot
0.1168
Original price
$875,000
MLS #
26985825

Interior

Heating
Natural Gas, Wall Furnace

Exterior & lot

Features
Parking spaces: 4
Construction
2
Lot
LAR2
Parking
Door-Multi, Garage
Garage spaces
2

Schools

District
Los Angeles Unified School District

Financial

Parcel
6005001003
Special conditions
Standard

Location

Area
C42 - Downtown L.A.
County
Los Angeles
Neighborhood
Florence
Directions
From Downtown Los Angeles, heading south on the 110 Freeway, take the Gage Ave exit toward Florence Ave. Use the right lane to merge onto S Flower St. Use the middle lane to turn left onto W Gage Ave, then turn right onto S. Broadway. Turn right onto W 65th Street. Property will be on the right side.

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Questions on 315 W 65th Street, Los Angeles, CA 90003, or want to see it in person?

Listed by Michael Hananel, Strategic Growth Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.