House In Los Angeles, United States
US $1,375,000
First Team Estates
Property features
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- 4 bedrooms
Property description
Extraordinary property showcases timeless architectural charmWe are thrilled to introduce an exceptional investment opportunity in the heart of the city. A magnificent quadraplex building near the renowned University of Southern California (USC). This extraordinary property, constructed in 1913, showcases timeless architectural charm and holds immense potential. Situated on a spacious lot spanning over 7,500 square feet, this vintage quadraplex offers abundant room for outdoor activities and future expansion possibilities. Its prime location, in close proximity to USC and Downtown Los Angeles (DTLA), presents significant advantages for investors looking to tap into the thriving local rental market. Comprising of four units, each boasting approximately 1,000 square feet of living space, this property offers a unique blend of history and modern convenience. Three of the units have recently undergone remodeling, featuring indoor laundry facilities and new vinyl flooring throughout. These updated units seamlessly merge a fresh contemporary look with the property's historic allure. Moreover, two units will be delivered vacant, granting the new owner the flexibility to choose their preferred approach to leasing or occupying the spaces. Don't miss this excellent chance to own a piece of Los Angeles history while capitalizing on the city's flourishing rental market.
www.luxuryportfolio.com/Property/LosAngeles/GVPH
1822 Arapahoe Street, Los Angeles, California, United States
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