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Fine Group Real Estate
1201 E 78th ST, Los Angeles, CA 90001
- $1,098,000
Listed by Jose Vasquez-Tafur, from JWillian Realty
(If provided) CoList: from
- List Price
- $1,098,000
- Price Change
- ▼ $87,000 1789703204
- MLS#
- CRIG26152988
- Status
- ACTIVE
- Lot Size
- 4,931
- Listing Area
- 699 - Not Defined
Property Description
HUGE REDUCTION: VACANT, VACANT, VACANT Exceptional Value-Add Opportunity! 3 Residential Units, Studio & Oversized Garage with ADU Conversion Potential | No Rent Control (Please check with the City). An exceptional opportunity for investors and owner-occupants alike! The spacious front 3-bedroom, 1-bath unit will be delivered vacant at the close of escrow, offering the perfect opportunity to owner-occupy, while rental income from the remaining units helps significantly reduce your monthly housing expenses. This versatile income-producing property features an outstanding unit mix, including a 3-bedroom, 1-bath unit, a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, plus a studio with a full bathroom. The oversized garage offers excellent ADU conversion potential (Buyer to verify with the City), creating an outstanding value-add opportunity with the potential to generate additional rental income and further enhance the property's value. The property also features a large private parking area, providing ample off-street parking for residents, guests, and additional vehicles. One of the property's most valuable features is that it is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (Rent Control), providing greater flexibility for future rental managem
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Additional Information
- Cooling System
- None
- Garage Parking
- No Parking
- Heating System
- No Heating
- Laundry Facilities
- Laundry Area
- Levels
- One Story
- Lot Size
- 4,931
- Neighborhood
- 699 - Not Defined
- Numberof Units
- 3
- Pool Description
- 31, None
- Unincorporated Yn
- Yes
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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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