1833 S HIGHLAND AVE$1,278,000Sold
$1,278,000
Sold
Incredible four-unit, Spanish apartment building in great Mid-City location, with rich stylistic details including partial red-tiled roof and prominent rounded arches over each unit entryway - perfect for an owner-user or investor seeking an architectural, value-add building! Each large 2 bedroom, 1 bathroom unit also features a standalone dining room and a separate room for washer and dryer - a tenant's dream. Each unit boasts ample closet space and rear doors leading a separate parking structure offering each unit one individual garage. The parking structure has potential for ADU conversion. Two units have been recently remodeled. All units are occupied and all tenants are current on their rent. The property is fully occupied; Rents total $6,485 gross monthly income with each unit paying $1975, $1975, $1910, and $985 (Section 8), respectively. The property is centrally located to DTLA, Santa Monica and walkable to many restaurants and shops nearby.
8
beds
3,890 Sq.Ft. LIVING AREA
6,242 Sq.Ft. lot
Brock & Lori are trusted real estate agents and advisors to thousands of clients throughout LA County. With Brock's 20+ years of buying, selling, and owning LA real estate, and Lori's legal background and design experience, you are in good hands. Looking to buy, sell or invest? Let’s make your real estate plan!