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$1,700,000
Est. payment /mo
12 Beds
9 Baths
5,180 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,180 sqft
Price per Sqft $328
MLS Listing ID 25525217
Bedrooms 12
HOA Y/N No
Year Built 1965
Lot Size 5,762 Sqft
Property Description
The Offering comprises a rare and attractive value-add investment property located at 4835 Pickford Street in Prime Mid City, adjacent to Picfair Village, West Adams, and Lafayette Square. Situated in one of the most vibrant and sought-after neighborhoods in Los Angeles, this property offers tenants proximity to an array of fine dining, shopping, and entertainment options along nearby Venice Boulevard. This is an exceptional opportunity for a savvy investor to acquire a prime location with significant value-add potential, boasting a 38%rental upside. The property features an excellent unit mix of Three (3) 3 Bedroom / 2 Bathroom and One (1) 4 Bedroom / 3 Bathroom units, highly desirable in today's competitive rental market. All units are separately metered for gas and electric, enhancing operational efficiency. This valuable asset is available for sale for the first time in over 15 years, presenting a unique chance to invest in a thriving Mid City location.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD2
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Driveway Down Slope From Street
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5067010010
Special Listing Condition Standard
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Listed by Michael Monempour • Lyon Stahl Investment Real Estate, Inc.