CA > Los Angeles
Los Angeles, CA 90039,2910 Acresite ST
Los Angeles, CA 90039,2910 Acresite ST
Los Angeles, CA 90039,2910 Acresite ST
Additional details
Paul Ward

Paul Ward

Keller Williams

+1(805) 479-5004
$2,300,000
Est. payment /mo
10,084 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25089239

HOA Y/N No

Year Built 1965

Lot Size 10,084 Sqft

Property Sub-Type Mixed Use

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

Zoning LAR1

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Pool None

Community Features Suburban

Total Parking Spaces 10

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5437026001

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Matthew McPherson • Compass • 310-963-5003

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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