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Residential Income - 1741 S New England Street, Los Angeles, CA

$849,900

1741 S New England Street, Los Angeles, CA

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Description

Exceptional multifamily opportunity in a central Los Angeles location, offering current income potential with future value-add possibilities. This 4-unit property features two separate buildings with a desirable unit mix. The front building offers a 2BR/2BA and 1BR/1BA, while the rear building features a spacious 3BR/1BA upstairs and 1BR/1BA downstairs. Two attached 1-car garages may offer potential for ADU conversion or additional development, subject to City approval. Zoned RD1.5 with possible future upside for an investor or developer. Centrally located near Downtown LA, Crypto.com Arena, L.A. Live, USC, major employment and entertainment hubs, with convenient access to the 10 and 101 freeways. May be an attractive option for investors seeking a replacement property for a 1031 exchange. Buyer to independently verify zoning, permits, unit configuration, ADU feasibility, development potential, and all property information.

Property details

Year built
1922
Property type
Residential Income
Lot size
6,622 sqft

Location

1741 S New England Street • Los Angeles, CA 90006

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Listed by

Nancy Zelada · Century 21 Cornerstone

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