This 9-unit multifamily property is a prime investment opportunity, offering diverse rental options across three buildings. The front building features four units: two spacious studio units and two 1-bedroom units. At the center of the property is a charming standalone cottage. The back building houses four fully-renovated studios, each upgraded with laminate floors, new cabinets, fresh paint, and new appliances. Two studios come with dedicated parking spaces. A shared community garden adds charm and a sense of community within the urban landscape. For investors looking to maximize returns, the front building includes a 7-foot crawl space, offering potential to convert into two additional ADU units. Buyer to investigate. With a total of 9 existing units and room for further development, this property is an exceptional opportunity for long-term rental income.
Property Details
Price:
$1,980,000
MLS #:
24473480
Status:
Active
Baths:
0
Address:
333 N Union Avenue
Type:
Commercial
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Dec 19, 2024
State:
CA
ZIP:
90026
Year Built:
1925
Schools
Interior
Heating
Central, Heat Pump, Wall Furnace
Exterior
Parking Spots
2.00
Roof
Shingle
Stories Total
2
Financial
Map
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Courtesy of Keller Williams Larchmont. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
333 N Union Avenue
Los Angeles, CA
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