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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 1,400,000

Est. payment -/mo

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Active

2324 W Washington BLVD Los Angeles, CA 90018

8 Beds

8 Baths

5,802 SqFt

UPDATED:

09/30/2024 05:56 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,802 sqft

Price per Sqft $241

MLS Listing ID 24429941

Bedrooms 8

HOA Y/N No

Year Built 1917

Lot Size 7,000 Sqft

Property Description

2324 W Washington Blvd, a prime investment opportunity located in the heart of Mid City. This 4-unit multifamily property boasts a desirable unit mix, with all four units featuring spacious 2-bedroom, 1.5-bathroom floor plans. Each unit is designed with comfort and convenience in mind, offering expansive living spaces that are perfect for both families and professionals alike.The building spans an impressive 5,802 square feet on a 7,000 square foot lot, providing ample space for tenants. Each unit includes a separate laundry room, and with in-unit washer and dryer hookups, adding to the convenience and appeal for tenants.One of the four units is currently vacant and has been fully renovated, making it rent-ready for the new owner or ideal for an owner-occupant. This beautifully updated unit presents an immediate opportunity to generate income or enjoy modern living in a thriving neighborhood.Parking is a breeze with 4 designated spots on the property, of which only 2 are currently tied to leases, offering flexibility for future arrangements. The property is zoned LAC2, providing potential for additional development or other uses in the future.This property qualifies for attractive low down payment residential financing, making it an excellent choice for both seasoned investors and first-time buyers looking to enter the multifamily market. Don't miss out on this rare opportunity to own a well-maintained and income-generating property in one of Los Angeles' most dynamic and centrally located neighborhoods. Please Do not Disturb The Tenants.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAC2

Rooms

Ensuite Laundry Stacked

Interior

Laundry Location Stacked

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Stacked

Exterior

Garage Assigned, Gated

Parking Type Assigned, Gated

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Architectural Style Spanish

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5073030030

Special Listing Condition Standard

Listed by Chase Simonton • RE/MAX One

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

2324 W Washington BLVD Los Angeles, CA 90018

Key Details

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Rooms

Interior

Exterior

Building

Others

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2324 W Washington BLVD