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$689,900

FOR SALE
Active

8201 Morton

Los Angeles, CA

MLS# IG26227356

Apartment
17 days on marketNalren refreshed

Listing Agent

Ulises Vega

Listing Agent

Keller Williams Realty

DRE #: 01757104

(909) 471-6483

Brokerage: Keller Williams Realty

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1923

Year Built

0.28 acres

Lot Size

N/A

Price/Sq Ft

3

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
None

Exterior

Private Pool
No

Building

Year Built
1923
Building Area Total
3,264
Levels
One
Stories Total
1

Utilities

Heating
Baseboard
Cooling
None
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
3
Parking Features
Carport, Detached Carport, Driveway
Parking Total
3

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