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2051 S CORNING Street

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2051 S CORNING Street | Los Angeles, CA

$2,200,000

6,448 SQ.FT.

This true value-added opportunity is a 6 unit apartment consisting of 5 (3 bedroom, 2 bath) units and 1 studio, comprising 6448 SF, per assessor, buyer to verify. With the greatest demand for apartment units coming from young millennials, larger 3 bedroom units have become one of the most sought out unit mixes for renters as shared housing offers greater overall economy. For astute investors, renovating units, adding bathrooms and basic amenities like internet provide an opportunity to drive rents well beyond the "market rate" expectation! This property is situated on a 6307 SF lot that is zoned LAR3. There is alley access to gated parking. The required seismic retrofit has been completed! In total, based on recent sales, current available properties, and the special features this property has, this asset presents a unique and compelling value at the listing price!
Listing Provided by Scott Rosenberg, RE/MAX ESTATE PROPERTIES

Based on information from California Regional Multiple Listing Service, Inc. as of November 14, 2018. 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.