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33198830
33198831

1311 W 38th, Los Angeles, CA 90062

AF
Keller Williams Pacific Estate-La Mirada
Listed by Keller Williams Pacific Estate-La Mirada
$1,425,000
7 days on market
Updated 2 days ago

1311 W 38th

Details
APN 5036001012
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 3
Acreage 0.121
Zoning Assessor

Multifamily | 3 Units

Marketing description

We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit. The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing will be adjusted accordingly based on the scope and level of finishes requested. The property is currently vacant and this also adds value because the new buyer will be able to establish market rents day one. The property is zoned LARD 1.5 which may allow up to 8-10 total units, subject to the buyers verification with the city. This creates a strong value-add component and a redevelopment opportunity for the right investor seeking additional density and long-term upside potential. This area has shown tons of growth and lots of business development in the immediate area is good for economic growth. Rendered Pictures are Renderings of the existing structure.
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Listing Contacts

AF
Keller Williams Pacific Estate-La Mirada
Listed by Keller Williams Pacific Estate-La Mirada

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