2324 W Washington Boulevard

Los Angeles, CA 90018

$1,400,000

List Price

8

bed Beds

8

shower Baths

5,802 sqft

straighten / sqft

1917

calendar_month Built

Property Description

2324 W Washington Blvd, a prime investment opportunity located in the heart of Mid City. This 4-unit multifamily property boasts a desirable unit mix, with all four units featuring spacious 2-bedroom, 1.5-bathroom floor plans. Each unit is designed with comfort and convenience in mind, offering expansive living spaces that are perfect for both families and professionals alike.The building spans an impressive 5,802 square feet on a 7,000 square foot lot, providing ample space for tenants. Each unit includes a separate laundry room, and with in-unit washer and dryer hookups, adding to the convenience and appeal for tenants.One of the four units is currently vacant and has been fully renovated, making it rent-ready for the new owner or ideal for an owner-occupant. This beautifully updated unit presents an immediate opportunity to generate income or enjoy modern living in a thriving neighborhood.Parking is a breeze with 4 designated spots on the property, of which only 2 are currently tied to leases, offering flexibility for future arrangements. The property is zoned LAC2, providing potential for additional development or other uses in the future.This property qualifies for attractive low down payment residential financing, making it an excellent choice for both seasoned investors and first-time buyers looking to enter the multifamily market. Don't miss out on this rare opportunity to own a well-maintained and income-generating property in one of Los Angeles' most dynamic and centrally located neighborhoods. Please Do not Disturb The Tenants.

Listing Information

List Price $1,400,000
Status Active
MLS 24429941
Type Residential Income
Year Built 1917
Lot Size 7,000
Structure Size 5,802
DOM 34
Courtesy Of RE/MAX One
Listing Agent Chase Simonton DRE#01766871
Co-Listing Agent Robert Carlile DRE#02066811

Interior Features

Laundry Information
Location(s) Stacked
Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 8
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Chase Simonton, Robert Carlile, RE/MAX One . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.