8201 Morton, Los Angeles, California, United States, 90001

749,900
for Sale
12,030

About the property:

INVESTOR SPECIAL / VALUE-ADD MULTIFAMILY OPPORTUNITY! Incredible investment potential located in the Florence-Firestone area, just blocks from Huntington Park. This 6-unit property offers massive upside with an estimated After Repair Value (ARV) exceeding three times the current price. The unit mix consists of six (6) 1-Bedroom / 1-Bathroom units situated on an expansive 12,030 sq. ft. lot (over 1/4 acre) zoned LCR2YY. Building size is approximately 3,264 sq. ft. Five (5) units are currently occupied generating immediate rental income, while one (1) unit is vacant, offering an ideal opportunity for owner-occupancy ("house hacking") or immediate renovation to capture top market rents. Each unit features separate gas and electric meters. Owner currently pays water, with tenant overage reimbursement terms in place. Prime candidate for a heavy value-add renovation, capital appreciation, and long-term portfolio growth. Buyers to verify all listing info, zoning, permits, and potential development rules with LA County. Do not disturb tenants.
Property Type:
Apartment
Status:
for Sale
Acres:
0.2762
Square Feet:
3264
Directions:
710N to 105W Exit Wilmington, then on imperial hwy R, Alameda LEFT
Is Art:
Yes
Is Apartment:
Yes
Is Bed:
Yes
Is Building:
Yes
Is Investment:
Yes
Is Market:
Yes
Is Media:
Yes
Is Mix:
Yes
Is Unit:
Yes
Listing ID:
IG26227356

Rooms

Dimensions

Brokered by:
Keller Williams Realty
Presented By: