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$ 1,250,000
Est. payment | /mo
5 Beds
3 Baths
2,602 SqFt
$ 1,250,000
Est. payment | /mo
5 Beds
3 Baths
2,602 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,602 sqft
Price per Sqft $480
MLS Listing ID 26641673
Bedrooms 5
HOA Y/N No
Year Built 1923
Lot Size 6,751 Sqft
Property Description
Excellent investment opportunity in the heart of Atwater Village. This rare three-unit property is ideally located just steps from Glendale Boulevard, offering easy access to the neighborhood's vibrant dining, shopping, and entertainment, as well as the natural beauty of Griffith Park and the Los Angeles River. First time on the market since 1961, the property offers tremendous upside and awaits updating and vision. The configuration includes a vacant front house with 3 bedrooms and 1 bathroom, plus two rear units, providing the flexibility to live in one unit while generating rental income or to hold as a full investment. Additional features include three one-car garages located in the rear building with a studio on the ground floor and a two bedroom unit above the garages. There is extra parking spaces between the front house and rear structure. There may also be potential for additional development ( buyer to verify), making this an exceptional opportunity for investors or owner-users seeking long-term value in a highly desirable location. Rear units to be delivered with current tenants.
Location
State CA
County Los Angeles
Area 606 - Atwater
Zoning LAR1
Interior
Heating Wall Furnace
Fireplace No
Appliance Disposal
Exterior
Parking Features Door-Multi, Garage
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5435014007
Special Listing Condition Standard

Listed by Keith Shimabukuro Re/Max Tri-City #00671043
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