Address
246 E 68Th Street Los Angeles, CA
Price
$ 599,000
Property Attributes
  • ML#21703008
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90003
  • Style
  • Price$ 599,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Yehuda Rafael with Prime Group Realty.
Data Source:
CRMLS
Property Description

Great investment opportunity with huge potential upside! Property will be delivered FULLY VACANT at close of escrow! Buyer can place new tenants at market rent to receive a great cash flow, or a perfect opportunity for owner user. Currently, the unit mix is two 1 bed room and 1 bathroom. Seller has already submitted to the city to convert this duplex into 4 units by building 2 ADUs on the property (each 3 bed 2 bath!!!). New buyer can easily double the value of this property by adding the ADUs which can potentially generate over 8% cap rate. Buyer and agent to verify. Property is Sold AS-IS and property is priced to sell. Please contact listing agent for marketing package.

Price History
3/10/2021 Listed $599,000

General Features

MLS Area C42 - Downtown L.A.
Parking Features Driveway
Property Type Residential Income
Total Units 2
Zoning LAR2

Exterior Features

Lot Size Acres 0.12
Lot Size Area 5410
Lot Size Square Feet 5410
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90003

Price
AVG $800K
$600K
Visits
AVG 32
17
Year Built
AVG 1945
1930
Walkscore
AVG 69
71
Data Provided by Walkscore ® not using MLS data

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