2250 E 103rd Street, Los Angeles, CA 90002
Property · 2 recorded sales since 2014
Sold April 2022
Listing Agent: Alex Colombo (DRE #01927702) · Listing Office: Lyon Stahl Investment Real Est · Contact: 310-425-9838 · Bought with: Shih Man · RE/MAX Premier Properties · MLS #PW22020721 · Source: CRMLS
About this property
We are pleased to present 2250 E 103rd Street in Los Angeles, California. This 3-unit property features a newly renovated 4-bedroom & 2-bathroom house, which is ready to be acquired by an owner-user or rented to a tenant (pro-forma $3,250). The rest of the property consists of two freestanding buildings, one being a studio and the other a 1-bedroom & 1-bathroom unit; both currently rented and generating income. This property also features privacy for the main house and plenty of secured parking for all the tenants. The property is located on the corner of E 103rd Street and Kalmia Street, just across the “Redevelopment DBIA Award Winning” Jordan High School and blocks away from Weigand Avenue Elementary School. This property sits in the midst of the “Watts Corridor Masterplan”, a revitalization and redevelopment project called Watts Re:Imagined. Led by Grant Housing & Economic Development Corp and the Natural Resources Defense Council's Urban Solutions program, with other partnerships including local organizations, agencies, and businesses, the project is planning to transform 103rd Street into a community-gathering place with mixed-use buildings, transit-oriented development, sustainable architecture, and plenty of green alleys and shade trees. The offering represents a compelling buying opportunity to acquire a well-maintained property with strong in-place cash flow in an area of Los Angeles that promises a revitalized future.
Listing description from the April 2022 sale, as reported to CRMLS.
Sale history
