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3945 West 8th Street

Los Angeles CA 90005

19
19
14
11164 sq. ft.
10507 sq. ft.
Other
Currently for sale - view listing

Overview

$400,0000 PRICE REDUCTION!!! Terrific opportunity to acquire a 14 unit Multi Family investment deal adjacent to Hancock Park. This corner lot, gated property has a great Unit Mix with 4 (2 +2) 1 (2+1) and 9 (1+1) with many units having private porches. An additional $1,100 in income in February 2024 with 7% increases. Both a 1 bedroom and 2 bedroom can be delivered vacant at closing. The property has been professionally managed and is separately metered for Gas and Electric. The soft story retrofit work has been completed. Property is located near many newer developments, near shopping, hotels, entertainment, restaurants and a block away from local transportation. Aprox another 40% upside in this deal. Buyers to cooperate with Sellers 1031 Tax Exchange

Features

19 bedrooms
19 bathrooms
14 carspaces
11164 sq. ft. floor area
10507 sq. ft. lot size
Other

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