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1716 Winona Boulevard

Los Angeles CA 90027

8
4
10500 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Great opportunity to purchase an investment property at a price significantly below replacement cost. Comprised of 5units.Offers approximately 8,000 sqft of building area on a 10,500 sqft lot. Tremendous upside in rental income and long-term appreciation in a prime location. The property features four front units all 2 bedroom 1 bathroom. Owners unit consists of two stories, totaling 3 bedrooms 2 bathrooms in total, two living rooms and ample parking. Each unit includes the convenience of in-unit laundry. Several units have been upgraded with split-system HVAC, and the remaining units are equipped with wall A/C units. Currently, 3 of the 5 units are tenant occupied. Owners unit in the back and one front unit will be vacant at close of escrow. This property is an outstanding value-add opportunity for investors looking to maximize returns. The spacious units, strong rental demand, and significant rental upside make this an ideal long-term investment. The property also offers **potential to add an ADU (Accessory Dwelling Unit)**, subject to buyer verification with the City and all applicable governmental agencies, creating an additional opportunity to increase future income.

Features

8 bedrooms
4 bathrooms
10500 sq. ft. lot size
Multi-Family

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