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Listed by Darrell Burns • Savient Financial, Inc.
$ 1,180,000
Est. payment /mo
Price Dropped by $70K
5231 ROSELAND Los Angeles, CA 90016
4,801 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,801 sqft
Price per Sqft $245
MLS Listing ID OC-26045898
Year Built 1954
Lot Size 4,803 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
THIS WELL-LOCATED 6-UNIT INVESTMENT PROPERTY SITS IN THE HIGHLY DESIRABLE WEST ADAMS NEIGHBORHOOD OF LOS ANGELES. POSITIONED LESS THAN 10 MILES FROM DOWNTOWN LOS ANGELES, THE PROPERTY OFFERS CONVENIENT ACCESS TO MAJOR EMPLOYMENT, ENTERTAINMENT, AND CULTURAL HUBS INCLUDING THE LOS ANGELES CONVENTION CENTER, CRYPTO.COM ARENA (FORMERLY STAPLES CENTER), AND THE LOS ANGELES COUNTY MUSEUM OF ART (LACMA). WEST ADAMS IS ALSO IDEALLY SITUATED NEAR THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC) AND LOS ANGELES TRADE TECHNICAL COLLEGE, PROVIDING STRONG RENTAL DEMAND FROM STUDENTS, FACULTY, AND PROFESSIONALS ALIKE. THE NEIGHBORHOOD CONTINUES TO EXPERIENCE REVITALIZATION, FEATURING A GROWING COLLECTION OF LOCAL RESTAURANTS, CAFéS, BARS, BOUTIQUE SHOPS, AND NEIGHBORHOOD PARKS THAT CONTRIBUTE TO ITS VIBRANT COMMUNITY ATMOSPHERE. WITH ITS CENTRAL LOCATION AND PROXIMITY TO KEY LOS ANGELES DESTINATIONS, THIS PROPERTY PRESENTS AN EXCELLENT OPPORTUNITY FOR INVESTORS SEEKING STABLE INCOME IN ONE OF THE CITY'S MOST DYNAMIC SUBMARKETS.
Location
State CA
County Los Angeles
Interior
Laundry None
Exterior
Pool None
Community Features Sidewalks, Storm Drains, Street Lights
Building
Lot Description Front Yard, Level, Paved, Utilities - Overhead, 6-10 Units/Acre
Sewer Public Sewer
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