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Listed by Max James-Armand • Electric Estates
$749,000
Est. payment /mo
3,906 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,906 sqft
Price per Sqft $191
MLS Listing ID CROC25149201
HOA Y/N No
Year Built 1916
Lot Size 7,760 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
Investor REO Opportunity in Prime Location. 3 Bed, 1 Bath 967 Sqft home in front. 8 bedroom, 4 bathroom, 2930 Sqft unit in the rear. Per EPIC LA records, the 8 Bedroom rear unit (3948 E 6th) appears to have passed plan review in March 2023 but other approvals and permits may be incomplete. Buyers and Brokers strongly advised to verify status of all permits with the local building departments to satisfy themselves. While further due diligence is required, the high bed count rear unit may be suitable for Single Room Occupancy (SRO) housing, group home, or other creative rental use. This could represent a strong opportunity for an investor seeking cash flow through city programs or shared housing strategies. At present moment the property is being sold without interior access, with the occupants in place, and will require all cash or hard/private money financing. Contact us today to explore this intriguing investment.
Location
State CA
County Los Angeles
Interior
Heating See Remarks
Cooling Other
Fireplace No
Laundry See Remarks
Building
Lot Description Other
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