Los Angeles, CA 90047,2124 W Manchester Ave
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Los Angeles, CA 90047,2124 W Manchester Ave
Los Angeles, CA 90047,2124 W Manchester Ave
Los Angeles, CA 90047,2124 W Manchester Ave
Los Angeles, CA 90047,2124 W Manchester Ave
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$ 1,200,000
Est. payment /mo
Active

2124 W Manchester Ave Los Angeles, CA 90047

7 Beds

2 Baths

2,000 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $600

MLS Listing ID 25561297

Bedrooms 7

Construction Status Updated/Remodeled, Repair Cosmetic

Year Built 1953

Lot Size 6,325 Sqft

Acres 0.1452

Property Sub-Type Multi-Family

Property Description

Here is your chance to get into your first commercial investment property! (We can locate a commercial lender for you if needed!) A prime redevelopment property for sale, located a short drive from SoFI Stadium. The subject property has preliminary plans for an 18 unit apartment complex. However, research shows the building/lot can be switched to a 42 unit EB1 low income apartment project. There are currently tenants in place bringing in approximately $4300/month in rents and professionally managed. Ideal for a newer or experienced investors to generate income while working through planning and permitting with the city of Los Angeles! Or buy and renovate for your own office/retail use. The property is zoned C2 with a variety of options/uses. Please verify all zoning, permits, and allowed usages for your future plans. Great investment in a rapidly gentrifying neighborhood with brand new homes, restaurants and retail in the surrounding neighborhoods. The owner is related to the agent, and they may be willing to carry the current loan balance and let buyer take over payments. The property will be sold AS IS

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Equipment Ceiling Fan, Dryer, Washer, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features Carport

Garage Spaces 5.0

Building

Story 1

Level or Stories One

Construction Status Updated/Remodeled, Repair Cosmetic

Others

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/a33a1e77-fb11-493a-9257-4575fdd115de?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard


TheMLS (CLAW)
Listed by Cal Mutual Inc

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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