5079 Pickford Street, Los Angeles, CA 90019
Property · 2 recorded sales since 2014
Sold September 2020
Listing Agent: Daniel Portillo (DRE #01181613) · Listing Office: Portillo & Associates Real Estate · Contact: (800) 615-1120 · Bought with: Behrooz Ahdoot · Coldwell Banker Realty · MLS #P0-820002214 · Source: CRMLS
About this property
An excellent 6 unit property in the thriving-sought after Mid-City neighborhood, it consist of 3 beautiful duplex buildings situated on a large corner lot with each unit offering tons of character & charm & loads of potential making this an attractive Value-Add Opportunity to increase rents through Capital Improvements & Unit Renovations. Investors can also explore an ADU possibility of converting the attached Garage/Storage Room. New Roof just installed on the Redondo Duplex; All units separately metered for gas, electric, plenty of street parking, Walk Score of 82, & close proximity to public transit and other conveniences. A great opportunity to own a 6 unit investment property with tons of upside potential on rents in a very strong market. It is also centrally located with easy commutes to Downtown LA, Century City, Hollywood & easily accessible to major freeways. Don't miss out on this excellent investment and an attractive Pro-forma Cap 6.95%
Listing description from the September 2020 sale, as reported to CRMLS.
Sale history
