Los Angeles, CA 90047,8911 S Western Ave
Los Angeles, CA 90047,8911 S Western Ave
Los Angeles, CA 90047,8911 S Western Ave
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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$595,000
Est. payment /mo
1 Bed
1 Bath
2,058 SqFt
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UPDATED:

07/19/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,058 sqft

Price per Sqft $289

MLS Listing ID 24-414225

Bedrooms 1

Year Built 1947

Lot Size 2,813 Sqft

Acres 0.0646

Property Description

We are pleased to present a 3-unit mixed-use property located on 8911 S Western Ave in Los Angeles. The property consists of two separate structures, with the front building consisting of two commercial storefront units, 726 SF each, with a 1BD+1BA residential bungalow in the rear with alley access, built in 1947 and 1948, respectively. With 2 VACANT units (1 commercial and 1 residential), the property provides a unique opportunity for multiple strategies. Through a value-add strategy, a new owner will have the ability to operate at a 6+% CAP rate at an affordable purchase price. Contact the listing agent for additional information.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Garage Other

Garage Spaces 1.0

Building

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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