Justin Mccardle
This listing was posted on RealtyWW.
$1,450,000
Home For Sale In Los Angeles, California
Price:
$1,450,000
BR/BA:
7 BR, 6 BA
Location:
508 Chestnut Ave, Los Angeles, CA
Description:
Look no more! We are proud to present this charming 6-unit apartment building, which includes a Single-Family House in front and 5 apartments in the rear. This Highland Park complex presents a lucrative value-add investment opportunity in a prime location. The property has a desirable layout that contributes to ease of management and operational efficiency, making the property a great addition to first time investors or seasoned owners adding to the portfolio. The SFR in the front is 2 bed / 1 bath, and all the units in the back building are 1 bed / 1 bath. This asset is individually metered for gas / electricity and has individual water heaters in each unit. This Value-Add property has 40% upside in rents, and Highland Park has seen significant growth over the last 10 years and shows no sign of slowing down! This market attracts a diverse demographic, including young professionals, families, and students, ensuring consistent demand for rental units. The property offers a commuter friendly location with a short distance to the 110 fwy and close to the Highland Park and South Pasadena Metro Gold line stop. Property was built in 1940 and 1961.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i70815368
Property Type:
Single-Family Houses
Posted:
April 18 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Seven Bedroom 6.5 Bath Single-Family Homes for Sale at 508 Chestnut Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 508 Chestnut Ave by searching Oodle Classifieds for Seven Bedroom 6.5 Bath Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a Seven Bedroom 6.5 Bath Single-Family Homes for Sale at 508 Chestnut Ave in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 508 Chestnut Ave by searching Oodle Classifieds for Seven Bedroom 6.5 Bath Single-Family Homes for Sale in Los Angeles CA.