1406 Albany St, Los Angeles, CA 90015 - MLS#20-613898 - Alexis McGee

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1406 Albany StLos Angeles, CA 90015ActiveVirtual TourSave

999999

8BD

4BA

4044SqFt

UPDATED

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,044 sqft

Price per Sqft $247

Lot Size 6,002 Sqft

Year Built 1917

MLS Listing ID 20-613898

Property Description

EXCELLENT VALUE-ADD INVESTMENT IN OPPORTUNITY ZONE! This spacious Craftsman-style 4-plex with great curb appeal consists of 4 large 1 bedroom and 1 bathroom units that are currently being used as 2 bedrooms. Each unit is about 1,000sf. Two units will be delivered VACANT. Fantastic location near Convention Center, LA Live, Staples Center and Downtown LA. It provides huge upside potential in rents and low maintenance. The units are separately metered for gas and electricity. Each unit has its own water heater. There are detached 5 one-car garages in the back of the property. Additional income $300/month for 2 garages. The property is based in Opportunity Zone providing numerous tax benefits. It is located in fast growing neighborhood near Downtown LA Live Hub, USC, public transportation, metro lines, schools, libraries, hospitals, shopping & entertainment. Easy freeway access. Drive by only, offers subject to interior inspection. Please DO NOT disturb tenants.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR3

Rooms

Other Rooms None

Interior

Laundry Other

Heating Other

Cooling Other

Equipment Other

Exterior

Garage Private Garage, Garage Is Detached, Garage - 4+ Car

Garage Spaces 6.0

View Y/N Yes

View Other

Building

Story 2

Others

Special Sale Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2017 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listing provided by Innovative Property Strategies

Nearby School & Properties

School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

PROPERTY HISTORY

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Marketing Trends

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Alexis McGee

Chief Executive Officer, President, Broker |License ID: 00876670

916-209-0929

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Alexis McGee Group, Inc.

Alexis McGee

916-209-0929

alexis@alexismcgeegroup.com

1601 Alhambra Blvd. #100, Sacramento, CA 95816

Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 04/23/2021 06:13.

Based on information from the Association of REALTORS®/Multiple Listing as of 04/23/2021 06:00. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. This information is being provided by the Bay Area Real Estate Information Services, Inc. Data Updated 04/23/2021 06:13. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

MetroList MLS © 2021. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: 04/23/2021 06:13. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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