Los Angeles, CA 90042,327 S Avenue 57
Los Angeles, CA 90042,327 S Avenue 57
Los Angeles, CA 90042,327 S Avenue 57
18
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$1,125,000
Est. payment /mo
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7 Beds
2,898 SqFt
Active

327 S Avenue 57 Los Angeles, CA 90042

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,898 sqft

Price per Sqft $388

MLS Listing ID CRGD25225183

Bedrooms 7

HOA Y/N No

Year Built 1955

Lot Size 5,048 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Property Description

**RATE BUY DOWN INCENTIVES AVAILABLE 4.125%** A unique opportunity to own a 4-unit income property in trendy Highland Park, close to Figueroa, and walkable to Highland Park Bowl, HomeState restaurant, Civil Coffee & Mendocino Farms. This property sits on a spacious 5,048 Sqft. lot that is zoned LARD 1.5 with a 42'x120' dimension. The property consists of: (3) two beds & one bath; (1) one bed & one bath. Two of the 2 bed/1 bath units are approx. 750 sf and another is approx. 700 sf, with the one bedroom being around 600 sf. However, the 1 bed unit's adjoining a large non-operating laundry room that is perfectly sized for an easy bedroom conversion to a 2 bed 1 bath in order to increase the rent in the future. The shared driveway allows each unit to access its one-car private carport space in the rear of the building, which may have the space for a potential ADU add-on above the four parking spots. This is a great value add-on opportunity for an investor to fix and renovate for a buy and hold or to flip. Additionally, the location offers convenient freeway access and proximity to Downtown LA, Pasadena, and the Metro Gold Line, making it ideal for those seeking the best of urban living in Highland Park. Whether for investment or personal use, this property offers a fantastic opportu

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Other

View Y/N false

View None

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 5492005023


Bridge MLS
Listed by Levon Arzumanyan • The Agency - Studio City

A FEW WORDS FROM PAST CLIENTS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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327 S Avenue 57