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Listed by Daniel Brooks, DRE #01896688 • RE/MAX Gold Coast REALTORS
$865,000
Est. payment /mo
5,510 Sqft Lot
Active
939 S Lorena ST Los Angeles, CA 90023
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRV1-36031
Style Craftsman,Bungalow
Year Built 1907
Lot Size 5,510 Sqft
Source California Regional MLS
Property Description
Incredible investment opportunity or ideal owner-user property! This multi-unit property features three units, including a recently renovated front unit that will be delivered vacant at close of escrow. The property consists of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is separately metered for water, gas, and electricity, offering added convenience and cost transparency. The layout is well-suited for extended family living or generating rental income. Current rents are below market, presenting strong upside potential for investors. The property will be delivered with tenants in place in two units; the front unit will be vacant. Please do not disturb tenants. Showings by appointment only--contact the listing agent for access. Buyers are advised to conduct their own due diligence regarding tenancy and occupancy options. The seller will not pursue tenant relocation or provide credits for associated costs. Located in an area experiencing significant recent development, this property presents an excellent opportunity for both income generation and long-term growth. Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencin
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Rooms
Kitchen Oven - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry None
Exterior
Parking Features Gate / Door Opener, RV Access, Off-Street Parking, Other, Side By Side
Garage Spaces 5.0
Pool 31, None
View City Lights
Roof Type Shingle
Building
Story Split Level
Foundation Raised, Concrete Slab
Water District - Public
Architectural Style Craftsman, Bungalow
Others
Tax ID 5188022017
Special Listing Condition Not Applicable
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