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$899,900
Est. payment /mo
5,200 Sqft Lot
UPDATED:
12/26/2024 05:58 AM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPT24252328
Originating Board California Regional MLS
Year Built 1964
Lot Size 5,200 Sqft
Property Description
5847 Denver is a well-maintained 4-unit apartment complex located in Los Angeles. The property features four spacious two-bedroom, one-bath units, each with in-unit washers and dryers for tenant convenience. Situated on a 5,198 square foot lot, the building is low maintenance and generates steady cash flow, with tenants paying all utilities except for water. There are plans available to add two additional units, offering significant value-add potential for investors. The property offers excellent potential for upgrades and value-add opportunities, with plans available to add two additional units. The well-maintained units provide stable income, making this an ideal investment for buyers seeking long-term growth in a desirable neighborhood This is a great opportunity for first-time buyers, or experienced investors looking for a property that provides stable income and long-term growth potential. Properties in this desirable neighborhood rarely come to market, making this an excellent chance to acquire a high-performing asset. Don't miss out!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Wall Furnace
Cooling Central AC
Laundry Gas Hookup, 30, Other
Exterior
Parking Features No Parking
Pool None
Building
Water District - Public
Others
Tax ID 6004034007
Special Listing Condition Not Applicable
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Listed by Varinder Kumar • Coldwell Banker West
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Sharad Gupta
Broker | License ID: 02213637
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