1344 S Dunsmuir Avenue, Los Angeles, CA 90019
Property
Sold February 2024
Listing Agent: Erica Lockhart (DRE #01763313) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Lorin Ruttenberg · Compass · MLS #24350331 · Source: CRMLS
About this property
This fantastic eight-plex with Spanish flair is nestled in the ideal Wilshire Vista location. The building comprises eight one-bedroom, one-bathroom units, each averaging approximately 807 square feet. With strong current income and future rental upside potential, this property offers significant value. All units are separately metered for gas and electricity, and six of the eight units have been updated. Recent upgrades include a new roof, new plumbing, newer electrical in some units, and some new windows. Additionally, the property features four 1-car garages and a common area backyard for tenants to enjoy. It's worth noting that a total of 4 units will be delivered vacant. Located in the heart of Los Angeles, this property offers unparalleled convenience, within minutes of Wilshire Vista boutiques and cafes (local hot spot Sky's Gourmet Tacos is across the street and a neighborhood obsession), and Museum Row, The Grove, Target, Sprouts & so much more. A rare opportunity to acquire an exceptional income property in a sought-after area, with 50% of the units being delivered vacant, offering significant potential value for the next owner.
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history