$ 2,300,000
-
$2,300,000
Price -
14
Bed -
10
Bath -
4,898
SqFt
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About the Listing BH5345591 - BB40756
Welcome to 2910 Acresite Street, the only apartment complex on the block! A standout opportunity in the vibrant landscape of Los Angeles real estate with riverfront VIEWS! The building features a diverse unit mix, Four – 3 Bedroom Units and One 2 bedroom, 1.5-bathroom townhouse. These configurations provide potential tenants with desirable living options, ensuring a broad appeal. Ample parking is available, with 10 assigned spaces, easing the urban parking woes of future residents. An on-site laundry room adds convenience, while the inclusion of wall/window air conditioning ensures comfort throughout the year. With a generous 4,898 square feet of living space on a 10,082 square foot lot, this property is designed to accommodate and impress. Upgrades include, new electrical panels in each unit, updated main electrical panel, updated dual pane windows on front units, fresh exterior paint. Updated kitchens, bathrooms and flooring in two of the units. Located on a prominent corner lot next to an entrance of the Los Angeles Riverwalk, this property is poised to benefit from the ambitious North Atwater East Bank Riverway Project. This project promises to transform a 2.2-mile stretch into a multi-use, accessible riverway, perfect for recreation and leisure. This enhancement not only augments the lifestyle appeal of the area but also positions the property for significant rental value appreciation. Investors will find exceptional potential here, with over a 39% upside in gross rent collections as demand in the area continues to rise. Don't miss the opportunity to capitalize on this value-add deal in one of LA's rapidly developing neighborhoods. Explore your investment potential at 2910 Acresite Street—where urban living meets strategic opportunity.
Listing Highlights for 2910 Acresite St
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
BB25241762
Year Built
1965
Total Square Footage
4,898
Lot/Acreage
0.23
County
Los Angeles
Area
606 - Atwater
Interior Details
- Bedrooms: 14
- Bathrooms: 10 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Lot 10000-19999 Sqft,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: LAR1
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5437026001
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2910 Acresite St Los Angeles, CA 90039
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