2441 FairmountLos Angeles, CA 90033

Description

Excellent and the Best Four (4) unit apartment complex located at 2441 Fairmount St In Los Angeles . This low maintenance, low -cost building offers a balanced investment profile with both stability and upside potential Perfect opportunity for owner to live one unit and collecting rent from the others. ***Currently 1 unit 2 Bedrooms 1 bathroom just vacant and is being kept temporarily available for showings, providing immediate flexibility for a new owner - giving optionality for interested buyers to live in one units while renting out the others, or easily rent out at higher market rate. This unit features newly updated interiors, laminate flooring, kitchen with quartz countertops and cabinets, 2 sinks in the bathroom with update vanity, 2 bedroom with ceiling fans.*** This 4 unit Building featuring 1 unit 3 Bedrooms 1 Bathroom 2 units 2 Bedrooms 1 Bathroom each, and 1 unit 2 Bedrooms 2 bathroom. 2 units has had some upgrade. The property is zoned R3-1-CUGU, with expansive lot size of 7,003 SF, and alley access, where it may be possible to build an additional ADU. Conveniently near the 5, 10, 60, and 710 freeways. Located near Cal State University Los Angeles, Downtown Los Angeles, Pasadena, and San Gabriel Valley. This is an ideal investment property! Must see to apricate.

Property Information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1930

Stories

2

Building area

4 Sq Ft

Lot size

0.16 acres

Parking spaces

5

Days on market

51

MLS^® Listing#

CV26197864

Property Features

Appliances

Washer

Pool

None

Laundry

Washer Hookup · Inside

Community

Street Lights

Sewer

Public Sewer

Water source

Public

Parcel number

5177015021

Directions

E/N Soto St, S/Wabash Ave