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Listed by Steve Doughty • Coldwell Banker Platinum Prop
$1,695,000
Est. payment /mo
4,405 SqFt
Active Under Contract
5076 Pickford Street Los Angeles, CA 90019
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,405 sqft
Price per Sqft $384
MLS Listing ID OC-24253478
Year Built 1949
Lot Size 6,131 Sqft
Property Sub-Type Apartment
Property Description
5076 Pickford is a 5-unit multi-family property situated in the diverse and up-and-coming Mid City neighborhood of Los Angeles. On the corner of Alsace Avenue & Pickford Street, one block from Redondo this centrally located apartment building is close to restaurants, Sprouts, trendy cafes, shopping and public transportation. There are of three 1 bedroom 1 bath units, and two 2 bedroom 1 bath units, all of which are under market rent which will allow for considerable future upside as tenants move out. Tenants pay ALL utilities including trash. There are 4 garages that generate $1,200 per month in income as well as a few spots in the driveway and some street parking. This prime investment property is in the opportunity zone. Sold as is with no warranties/guarantees made. Property will only be shown once offer is accepted. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Floor Furnace
Cooling None
Laundry Gas & Electric Dryer Hookup
Exterior
Parking Features Gated
Garage Spaces 4.0
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer