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6215 3RD AVE, Los Angeles, CA 90043 Multi Family For Rent MLS# 23-327041
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BR/BA:
8 BR, 4 BA
Location:
6215 3RD AVE, Los Angeles, CA
Description:
PART OF A 2 BUILDING PORTFOLIO - sold together with adjacent lot 6223 3rd Ave for $1,750,000 total (2 fourplexes - 8 total units). We're pleased to present an extremely rare investment opportunity in the heart of LA's Hyde Park Neighborhood, less than 3 miles from So Fi Stadium. The rd Ave package consists of two (2) detached 3,120 SF fourplexes (both LAR3 Zoning) on two (2) adjacent lots totaling 0.32 AC of land, conveniently positioned on the corner of Hyde Park Blvd & 3rd Ave. Built in 1950 & 1952 respectively, the buildings feature eight (8) 2+1 units, each separately metered, with attractive corner lot curb appeal, a large center courtyard, and ample parking within the property gates, including 7 garage spaces with ADU potential (+10 additional on-site tandem spaces). 6 out of 8 units only have minor interior updates, creating plenty of value-add potential. This package offers an excellent opportunity for any investor to capitalize on over 80% in rental upside, including an upcoming allowable rent increase of up to 7% beginning Feb 1, 2024. Get the best price at ListedBuy!
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More About this Listing: 6215 3RD AVE, Los Angeles, CA 90043 Multi Family For Rent MLS# 23-327041
6215 3RD AVE, Los Angeles, CA 90043 Multi Family For Rent MLS# 23-327041 is a Eight Bedroom 4.5 Bath Homes for Rent at 6215 3rd Ave in Los Angeles CA. Find other listings like 6215 3RD AVE, Los Angeles, CA 90043 Multi Family For Rent MLS# 23-327041 and listings near 6215 3rd Ave by searching Oodle Classifieds for Eight Bedroom 4.5 Bath Homes for Rent in Los Angeles CA.
6215 3RD AVE, Los Angeles, CA 90043 Multi Family For Rent MLS# 23-327041 is a Eight Bedroom 4.5 Bath Homes for Rent at 6215 3rd Ave in Los Angeles CA. Find other listings like 6215 3RD AVE, Los Angeles, CA 90043 Multi Family For Rent MLS# 23-327041 and listings near 6215 3rd Ave by searching Oodle Classifieds for Eight Bedroom 4.5 Bath Homes for Rent in Los Angeles CA.