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Key Details
Sold Price $585,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,808 sqft
Price per Sqft $323
MLS Listing ID 24445147
Sold Date 10/31/24
Bedrooms 4
HOA Y/N No
Year Built 1913
Lot Size 5,127 Sqft
Property Description
PROBATE SALE: **6017 Wall Street** offers a unique investment opportunity with four separate dwellings on one lot. This **income property** features strong upside potential for savvy investors or developers. Market rents for 1BDS. are as high as $2,000 a month and 4-plexs are selling for over $920,000! While in need of some TLC, this property sits on a generously sized lot, offering plenty of room for value-add improvements or possible redevelopment. Positioned near local amenities and major transportation routes, this property is poised to benefit from the neighborhood's growth. Don't miss out on this rare chance to unlock significant value with a little vision and effort. Property is being SOLD AS IS! Seller is administrator of the families estate and hasn't occupied the property in over ten years. They make no guarantees and it is buyers responsibility to verify all information about the subject property. One of the units is occupied with a family member thats not paying rent. He is open to relocation.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage Driveway, On Street
Parking Type Driveway, On Street
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6006007028
Special Listing Condition Probate Listing
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Bought with Mazdak Sarehkhani • Mazdak Sarehkhani
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960