2443 Rodeo Road, Los Angeles, CA 90018

$890,000
6
BD
4
BA
3,046
SqFt
Sold Price
$890,000
List Price
$849,900
Closing Date
Jun 07, 2018
Status
Closed
MLS#
18342592
Year Built
1958
Bedrooms
6
Bathrooms
4
Living Sq. Ft
3,046
Lot Size
4,477
Days on Market
28
Property Type
Multifamily

Property Description

HUGE upside potential on this 4-unit building located in the coveted Leimert Park neighborhood! This well cared for income property is centrally located in an area with an unprecedented amount of development contemplated and in process (i.e. the METRO, redevelopment of the Baldwin Hills Crenshaw Plaza, District Square and thousands of luxury condo & apartment units). Higher income is attainable immediately (as occupied units turn over), but there will also be material equity upside as new developments are completed and the area appreciation out paces most other Los Angeles neighborhoods. Take advantage of this unique investment opportunity and make your offer subject to inspection.

Additional Information

Heat
Wall Heater
Cooling
None
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Courtesy of LA Vision Properties, Inc., Tisha Greene - CA DRE#01456166 Selling Office: LA Vision Properties, Inc..

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