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    246 E 68Th Street

    Los Angeles (City), CA 90003
    • $549,000
    • STATUS: Pending
    • ON SITE: 64 days
    • ID#: 21703008
    Pending
    UPDATED: 29 min ago
    $549,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,170
      SQFT
    • $469
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Great investment opportunity with huge potential upside! Property will be delivered FULLY VACANT at close of escrow! Buyer can place new tenants at market rent to receive a great cash flow, or a perfect opportunity for owner user. Currently, the unit mix is two 1 bed room and 1 bathroom. Seller has already submitted to the city to convert this duplex into 4 units by building 2 ADUs on the property (each 3 bed 2 bath!!!). New buyer can easily double the value of this property by adding the ADUs which can potentially generate over 8% cap rate. Buyer and agent to verify. Property is Sold AS-IS and property is priced to sell. Please contact listing agent for marketing package.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/114952559
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    246 E 68Th Street Los Angeles (City), CA 90003

    • Price: $549,000
    • Status: Pending
    • Updated: 29 min ago
    • ID#: 21703008
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,170
    SQFT
    $469
    $/SQFT
    1930
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Great investment opportunity with huge potential upside! Property will be delivered FULLY VACANT at close of escrow! Buyer can place new tenants at market rent to receive a great cash flow, or a perfect opportunity for owner user. Currently, the unit mix is two 1 bed room and 1 bathroom. Seller has already submitted to the city to convert this duplex into 4 units by building 2 ADUs on the property (each 3 bed 2 bath!!!). New buyer can easily double the value of this property by adding the ADUs which can potentially generate over 8% cap rate. Buyer and agent to verify. Property is Sold AS-IS and property is priced to sell. Please contact listing agent for marketing package.
    Exterior Features

    Parking Features Driveway

    Property Features

    Gross Income 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar2

    Listing provided courtesy of Yehuda Rafael of Prime Group Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The DeBonis Team | Keller Williams Realty
    19040 Van Buren Boulevard #107
    Riverside CA, 92508