Description

Offered is a rare mixed-use investment opportunity located in close proximity to the core of South Los Angeles’ most active cultural and institutional corridor. The property consists of a vacant house and back quadruplex with 1 vacant unit. The house is in need of a full gut renovation and reconfiguration, presenting significant value-add potential for an experienced investor or developer seeking to unlock maximum long-term income. There are 11 open parking spaces currently leased by the tenants. The property offers strong ADU expansion potential, including the possibility to create a Jr. ADU as well as additional new construction ADUs (Buyer to verify).

Location

Located near major employment, education, and entertainment drivers, the property is minutes of the University of Southern California and the vibrant Exposition Park district, home to famous venues including BMO Stadium and Los Angeles Memorial Coliseum. Residents and tenants also benefit from immediate access to major cultural institutions such as the Natural History Museum of Los Angeles County and the California Science Center. This is a compelling value-add opportunity in a high-demand rental submarket, with multiple pathways for income growth through renovation, repositioning, and future development.