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$ 2,410,000
Est. payment | /mo
5,531 SqFt
$ 2,410,000
Est. payment | /mo
5,531 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,531 sqft
Price per Sqft $435
MLS Listing ID CL25498607
HOA Y/N No
Year Built 1905
Lot Size 7,002 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
$295,000 PRICE REDUCTION! We're proud to present 1934 New England Street, a remodeled 9-unit building in the heart of the Pico-Union submarket in Los Angeles, situated just outside of Downtown LA and West Adams. The property presents a high cash-flowing investment opportunity, and also has the option to obtain with highly desired assumable financing, with the existing loan interest rate fixed at 3.4% until August 2026. The property features a spacious and turn-key two-bedroom, two-bathroom single-family home on the lot, along with 8 other multi-family units. The building has been thoughtfully renovated to meet modern standards, making it an attractive opportunity for an investor to acquire a high yield opportunity on day one. The renovated units boast high-end finishes, designed with contemporary living in mind, with units featuring open floor plans that maximize space, custom cabinetry, stainless steel appliances, and designer lighting. The property is secured with gated access for added privacy, while on-site laundry facilities provide convenience for residents. Additionally, recent upgrades, including a new roof and new sewer lines, enhance the longevity and value of investment. Located in the desirable and rapidly growing Pico-Union neighborhood, this property offers central
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 5056026017
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Sean Namigohar • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "