The Offering comprises a rare and attractive value-add investment property located at 4835 Pickford Street in Prime Mid City, adjacent to Picfair Village, West Adams, and Lafayette Square. Situated in one of the most vibrant and sought-after neighborhoods in Los Angeles, this property offers tenants proximity to an array of… Read More fine dining, shopping, and entertainment options along nearby Venice Boulevard. This is an exceptional opportunity for a savvy investor to acquire a prime location with significant value-add potential, boasting a 38%rental upside. The property features an excellent unit mix of Three (3) 3 Bedroom / 2 Bathroom and One (1) 4 Bedroom / 3 Bathroom units, highly desirable in today's competitive rental market. All units are separately metered for gas and electric, enhancing operational efficiency. This valuable asset is available for sale for the first time in over 15 years, presenting a unique chance to invest in a thriving Mid City location. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Michael Monempour 310-425-9838
Listing Snapshot
Days Online
12
Last Updated
Property Type
Other
Beds
12
Square Ft.
5,180
Lot Size
0.13 Acres
Year Built
1965
MLS Number
25525217
Additional Details
Building
Built in 1965, Building area total: 5,180, Levels: Two, Living area: 5180, 2 stories, 1 building
Cooling
None
Heating
None
Income
Gross income: $113,916, Net operating income: $70,269
Lot
0.1323 acres, 5,765 square feet, Size: 5,765
Parking
4 totals parking, DrivewayDownSlopeFromStreet
Property
Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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