Obiamaka Nwabuzor
This listing was posted on RealtyWW.
$999,000
Home For Sale In Los Angeles, California
Price:
$999,000
BR/BA:
8 BR, 8 BA
Location:
5161 W Jefferson Blvd, Los Angeles, CA
Description:
Welcome to an exceptional investment opportunity in the heart of West Adams! This fully occupied one-level 8-unit building, formerly a motel, presents a rare chance for investors, end-users and developers alike to capitalize on its unlimited development potential. Comprising seven generously sized single units and one 1-bedroom unit, each equipped with separate kitchen and bathroom, this property is meticulously maintained and ready for its next chapter. Situated on a corner lot in a mixed-use zone in the Archbishop Carl Bean Square, the building offers ample parking directly in front, as well as yard space behind. This property enjoys close proximity to a myriad of amenities, including dining options, the new Costco, light rail public transportation, and more which provides easy access for potential occupants, making it a highly desirable rental destination. With room for rental growth and promising returns on investment, this property presents a lucrative opportunity for savvy buyers. Additionally, its Tier 3 classification and CM-2D-CPIO zoning unlock a world of development possibilities, including potential use as Airbnb units. Pro forma rent is available, showcasing the lucrative potential of this investment. Please note that occupants should not be disturbed, and viewings are drive-by only. Buyers are encouraged to conduct their due diligence and verify all information. Other addresses to look up this property 5163 W Jefferson, 3029 S Sycamore or 3039 S Sycamore.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70678059
Property Type:
Single-Family Houses
Posted:
April 16 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 5161 W Jefferson Blvd in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 5161 W Jefferson Blvd by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 5161 W Jefferson Blvd in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 5161 W Jefferson Blvd by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Los Angeles CA.