Address
254 E Lanzit Avenue Los Angeles, CA
Price
$ 1,450,000
Property Attributes
  • MLS#20654952
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan South
  • Zip90061
  • Style
  • Price$ 1,450,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size10,454 SqFt
Listing Provided Courtesy Of:
Michael R. Fukushima with Keller Williams Downtown LA.
Data Source:
CRMLS
Property Description

Excellent Cash Flowing Opportunity in the heart of South Los Angeles! Building is currently occupied by Section 8 Tenants that are current with rent and are continuing to pay. Fantastic unit mix of 5 - 3 bedroom units. Unit #1 is a townhome style with 2 floors. Currently 2 (units, 4, & 5) of the units are vacant which would allow a new owner owner to select their own tenants. Building is 5,600 Sq. Ft. on a large 10,512 Sq. Ft. lot. There is ample on-site parking for all units. There is also a laundry room on-site that is not currently in use but a new owner could take advantage of to produce additional revenue.

Price History
11/3/2020 Listed $1,499,000
1/23/2021 4% - $1,450,000

General Features

Cooling None
Garage Y/N Yes
Heating Wall Furnace
MLS Area C37 - Metropolitan South
Parking Features Garage, Tandem
Property Type Residential Income
Total Units 5
Zoning LARD2

Interior Features

Heating Y/N Yes
Laundry Features Common Area

Exterior Features

Lot Dimensions 52x209
Lot Size Acres 0.24
Lot Size Area 10512
Lot Size Square Feet 10512
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90061

Price
AVG $1.03M
$1.45M
Visits
AVG 21
120
Year Built
AVG 1984
1991
Walkscore
AVG 49
50
Data Provided by Walkscore ® not using MLS data

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