



Description
We are delighted to present an exceptional, fully vacant eight-unit property in the thriving Westchester neighborhood of Los Angeles. This unique investment opportunity, sprawled across a double-wide lot, consists of two spacious three-bedroom one bath units and six two-bedroom one units, perfect for transformation into high-quality living spaces. Along with its potential for renovation, the property comes with RTI permits and plans for a 30-unit co-living housing development, offering an alternative strategy to capitalize on the area's robust rental market. Post-Ellis Expiration on November 3, 2023, the property will be ready for market-rate rentals, an attractive proposition for investors and owner-users. Situated in a region known for its economic strength and lifestyle offerings, this property, with its proximity to major employers and vibrant commercial scene, is a fantastic opportunity to invest and live in one of LA's most in-demand neighborhoods.
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 10th December, 2023 10:23 PM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 10th December, 2023 10:23 PM (UTC)
Listing Agent: Benjamin J. Hsiang
Listing Office: Realty Investment Advisors, Inc.