1741 S New England Street, Los Angeles, CA 90006

$849,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$849,900
Status
ACTIVE
MLS#
DW26176904
Year Built
1922
Lot Size
6,622
Acres
0.15
Days on Market
30
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Exceptional multifamily opportunity in a central Los Angeles location, offering current income potential with future value-add possibilities. This 4-unit property features two separate buildings with a desirable unit mix. The front building offers a 2BR/2BA and 1BR/1BA, while the rear building features a spacious 3BR/1BA upstairs and 1BR/1BA downstairs. Two attached 1-car garages may offer potential for ADU conversion or additional development, subject to City approval. Zoned RD1.5 with possible future upside for an investor or developer. Centrally located near Downtown LA, Crypto.com Arena, L.A. Live, USC, major employment and entertainment hubs, with convenient access to the 10 and 101 freeways. May be an attractive option for investors seeking a replacement property for a 1031 exchange. Buyer to independently verify zoning, permits, unit configuration, ADU feasibility, development potential, and all property information.

Additional Information

Pool Description
None
Heat
Central, Wall Furnace
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$76,128
Operating Expense
11100

Listing courtesy of Listing Agent: Nancy Zelada (nancyzbroker@gmail.com) from Listing Office: Century 21 Cornerstone.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.