$ 1,100,000
-
$1,100,000
Price -
10
Bed -
6
Bath -
3,706
SqFt
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About the Listing CLW-X7252101 - CLW-C139424
GET SMART WITH REAL ESTATE and discover an investment opportunity with multiple paths to potential income and value creation! This vacant Los Angeles property gives an investor something increasingly valuable, flexibility! With no existing tenants to inherit, a new owner has the opportunity to start fresh, make improvements, reposition the property and determine the rental or housing strategy that best fits their investment goals. The 2-unit configuration creates exciting possibilities for investors looking beyond the traditional rental model. Explore conventional long-term rentals, Housing Choice Voucher/Section 8 opportunities, transitional housing, recovery/sober living, shared housing, or partnerships with qualified housing providers and organizations, subject to applicable laws, licensing and program requirements. Investors may also consider renovation and repositioning strategies aimed at increasing rental performance and creating long-term value. Vacancy can be an advantage for the right investor. Instead of inheriting existing leases or rental terms, you have an opportunity to develop your own operating plan, select your rental strategy and position the property for its next chapter. Whether your goal is monthly cash flow, serving the growing demand for housing, building a long-term rental portfolio, or improving and repositioning the property, there are multiple avenues to explore. Bring your contractor, run your numbers and imagine the possibilities. Buyer and buyer's agent to independently verify property information, permitted unit status, rents, zoning, permitted uses, licensing requirements and suitability for buyer's intended investment strategy. Smart investors don't just buy property, they recognize possibilities others may overlook. Get Smart with Real Estate. Call Don Adams today to schedule an appointment and explore the opportunity for yourself.
Listing Highlights
Interior Details
- Bedrooms: 10
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 40x145
- Zoning: LAR2
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6071013008
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
831 E 109th St Los Angeles, CA 90059
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