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Listed by Brent Lippincott, DRE #01729047 • TREC HOMES INC.
$ 1,250,000
Est. payment /mo
Active
317 N Occidental Los Angeles, CA 90026
9,337 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26222517
Year Built 1925
Lot Size 9,337 Sqft
Source California Regional MLS
Property Description
ATTENTION INVESTORS! RARE 6-UNIT VALUE-ADD OPPORTUNITY WITH SELLER FINANCING AVAILABLE AT 5.5% INTEREST! Excellent opportunity to acquire a 6-unit multifamily investment property in the heart of Los Angeles with tremendous upside potential! This property offers an attractive unit mix consisting of two 1-bedroom units, two 2-bedroom units, and two spacious 3-bedroom units, providing a diverse rental portfolio with strong income potential. The property is in need of repairs and updating, making it an ideal opportunity for investors looking to renovate, reposition, and maximize rental income while building long-term equity. With six units and a desirable mix of bedroom configurations, this property presents an excellent opportunity for a value-add investment strategy. MAJOR BONUS - SELLER FINANCING AVAILABLE AT 5.5% INTEREST! The owner is willing to carry a note at an attractive 5.5% interest rate, subject to mutually agreed-upon terms and buyer qualification. This unique financing opportunity may allow investors to acquire the property with favorable financing while executing their renovation and improvement plans. Conveniently located in Los Angeles with access to employment centers, shopping, dining, public transportation, and major commuter routes. BRING YOUR CONT
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Laundry Other
Exterior
Pool None
Building
Lot Description Grade - Sloped Down
Water District - Public
Others
Tax ID 5156015023
Special Listing Condition Not Applicable
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