7018 La Tijera Boulevard, Los Angeles, CA 90045

$1,350,000

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List Price
$1,350,000
Price Change
▼ $250,000 1782869877
Status
ACTIVE UNDER CONTRACT
MLS#
SB26136866
Year Built
1948
Lot Size
7,970
Acres
0.18
Lot Location
2-5 Units/Acre, Drip Irrigation/Bubblers, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Lawn, Near Park, Near Public Transit, Sprinkler System, Yard
Days on Market
48
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

5-Unit Investment Opportunity in Westchester Located in a desirable and continually improving Westchester neighborhood, this well-maintained 5-unit property offers an excellent investment opportunity. Each unit features 2 bedrooms, 1 bathroom, and in-unit laundry. The property includes a 5-car garage, plus 5 additional parking spaces located behind the garages, providing convenient parking for residents. Two units are expected to be vacant at the close of escrow, offering flexibility for an owner-user, renovation, or potential rental upside. The property is ideally situated near major transportation and numerous shopping, dining, entertainment, and recreational destinations. Convenient access to the 405 and 105 freeways makes commuting throughout Los Angeles easy. Nearby amenities include Ladera Heights Shopping Center, Westfield Shopping Center, Playa del Rey, Marina del Rey, Playa Vista, local beaches, and LAX. The property is also conveniently located near major entertainment and sports venues, including SoFi Stadium, Intuit Dome, Hollywood Park, and Hollywood Park Casino. With a desirable location, strong parking, in-unit laundry, and potential ADU opportunities (buyer to verify), this 5-unit property presents an attractive opportunity for investors looking to add value and capitalize on the continued improvement of the Westchester area. Buyer and Buyer’s Agent to independently verify all information, including zoning, permitted use, square footage, parking, ADU potential, and development opportunities.

Additional Information

Pool Description
None
Fireplace Description
Family Room, Kitchen, Primary Bedroom, Outside
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$138,600
Operating Expense
33336

Listing courtesy of Listing Agent: Carlos Cancanon (cccrlscancanon@gmail.com) from Listing Office: Crown Real Estate & Funding, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.