Homes for sale - 2910 Acresite ST, Los Angeles, CA 90039

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Matthew McPherson • Compass

$2,300,000

Est. payment - /mo

10,082 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRBB25089239

Originating Board California Regional MLS

Year Built 1965

Lot Size 10,082 Sqft

Property Description

This low maintenance property features an excellent unit mix of one (1) 2 Bed/1.5 Bath townhouse unit and four (4) 3 Bed/2 Bath units with ample parking and an on-site laundry room. An incoming investor can capitalize on over 39% upside in potential gross rent collections in this value-add deal, as rents in the area have continued to skyrocket. The property is on the corner lot of Acresite Street, right next to an entrance to the Los Angeles Riverwalk, where The North Atwater East Bank Riverway Project will transform 2.2 miles of existing asphalt maintenance road into a clearly-marked, multi-use, accessible riverway from the 134 Freeway to Los Feliz Blvd. Future tenants will have ease of accessing this area for exercise and entertainment, significantly boosting the property's potential for future rents as the area continues to be one of the most rapidly.

Location

State CA

County Los Angeles

Area 606 - Atwater

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Washer/Dryer - Leased, Community Facility

Exterior

Parking Features Assigned Spaces

Garage Spaces 10.0

Pool None

Building

Water District - Public

Others

Tax ID 5437026001

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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2910 Acresite ST Los Angeles, CA 90039

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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