Triplex
Listing Agent: Christina Dreyer (DRE #00999071) · Listing Office: Sotheby's International Realty · Contact: 626-229-0909 · Bought with: Stephen Biskup · Sotheby's International Realty · MLS #PF22079341 · Source: CRMLS
Back on the Market since buyer didn't perform. New Year Price Reduction! Seller is Motivated! Bring Offers! Fantastic opportunity to Own a TriPlex in fast growing and appreciating area of MidWishire/Koreatown. Zoning of LAR3 with reduced parking ratio provides an excellent opportunity to build 9 condos or an apartment building for an investor or developer looking in highly sought after location in Koreatown to tear down and build on the lot as many are doing in the area. See the new condos being built across the street. Buy a nice looking triplex now and build later while maximizing on upside rental potential Or rehab and keep as a rental.You are able to increase the rents on 2 of the 3 units see unit explanations. On the property are 2 two bedroom units and a one bedroom unit. This is a low mainanence property. Tenants pay their own utitlities as gas and electricity are seperately metered. There are 3 gas and 3 electric meters. Potential for growth. Rent can be maximized or move in and collect rent. Buyer to do their own investigations. Chase Bank Offering $5,000. contribution call for details.
Listing description from the April 2023 sale, as reported to CRMLS.