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$ 998,888
Est. payment /mo
New
1491 Stadium WAY Los Angeles, CA 90012
5,423 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26118482
HOA Y/N No
Year Built 1974
Lot Size 5,423 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional value-add investment opportunity to acquire a 5-unit multifamily property in a desirable Los Angeles location. Situated at 1491 Stadium Way, this property offers a total of 7 bedrooms, 5 bathrooms, and approximately 3,296 square feet of living space.
Ideally located near Dodger Stadium, Downtown Los Angeles, China Town, Elysian Park, and major transportation corridors, including the 110 Freeway, the property benefits from convenient access to employment centers, dining, shopping, entertainment, and public transportation.
The property features separate gas and electric meters, helping to reduce owner utility expenses and simplify property management. The property is currently tenant-occupied with rents below prevailing market rates, presenting investors with the potential for future income growth, subject to applicable laws, tenant rights, and local regulations.
Competitively priced to reflect its current income and tenancy profile, this offering presents an excellent opportunity for investors seeking a well-located multifamily asset with long-term upside potential in one of Los Angeles' most established rental markets.
Buyers are encouraged to independently verify all information, including unit count, square footage, rents, expenses, permits, zoning, and condition of the property.
Ideally located near Dodger Stadium, Downtown Los Angeles, China Town, Elysian Park, and major transportation corridors, including the 110 Freeway, the property benefits from convenient access to employment centers, dining, shopping, entertainment, and public transportation.
The property features separate gas and electric meters, helping to reduce owner utility expenses and simplify property management. The property is currently tenant-occupied with rents below prevailing market rates, presenting investors with the potential for future income growth, subject to applicable laws, tenant rights, and local regulations.
Competitively priced to reflect its current income and tenancy profile, this offering presents an excellent opportunity for investors seeking a well-located multifamily asset with long-term upside potential in one of Los Angeles' most established rental markets.
Buyers are encouraged to independently verify all information, including unit count, square footage, rents, expenses, permits, zoning, and condition of the property.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre, Near Public Transit
Story 2
Water Public
Others
Tax ID 5415017013
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Mulyani Ang The One Luxury Properties 626-233-9466, DRE #01473341
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