233 W Century Boulevard, Los Angeles, CA 90003
-
Listed Price :
$975,000
-
Beds :
8
-
Baths :
4
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Property Size :
3,224 sqft
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Year Built :
1961
Property Description
Amazing opportunity to acquire a well maintained four-unit building in South Los Angeles with significant upside in rents and additional value-add potential to add ADU's (buyer to verify). All four units are bread-and-butter two-bed, one-bath units. With long-term below-market rents and nearly 50% in upside to market potential (accessible in event of vacancy), this property presents a tremendous opportunity to reposition the building into better cash-flow and equity almost right away. With proximity to draws such as SoFi Stadium, and central to economic hubs in Downtown Los Angeles, Silicon Beach, and the South Bay, with all of Southern California accessible via nearby 110, 405, and 105 freeways, this Property presents an in-demand location that will command increasing rents for the foreseeable future. Additionally, this two-story building leaves much of the 4,419sf lot to parking, which can potentially be repurposed pursuant to SB1211 to maximize the income potential for a greater return on investment.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
None |
| Heating Type |
Wall Furnace |
Listing Information
| Address |
233 W Century Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90003 |
| County |
Los Angeles |
| Listing Agent |
Vivian Chaing DRE #01983759 |
| Co-Listing Agent |
Mark Ehlers DRE #01955008 |
| Courtesy Of |
Property Concierge |
| List Price |
$975,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,224 |
| Lot Size |
4,419 |
| Year Built |
1961 |
Listing information courtesy of: Vivian Chaing, Mark Ehlers, Property Concierge. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 22nd, 2025 at 1:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
