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📣 Following is the detail of house for sale at 324 W 51st St, South Park, Los Angeles, CA 90037, USA:
$2,400,000
We are pleased to present this unique investment opportunity to purchase 324 W 51st St, a fully gut-rehabbed property in “like new” condition just a short distance from USC, and all of the major developments and entertainment centers that reside near the University and in Downtown Los Angeles. The Sellers are developers by trade and purchased the property in October 2021 with the intention of rehabbing and repositioning the asset. When they initially purchased it, the subject property consisted of four (4) large, one-bedroom units. Since then, the Sellers have gut rehabbed all the unit’s interiors and converted each of the four (4) previous 1-bedroom units into 3-bedroom units. Two of the units have one bathroom, and an extra half bathroom has been added to the other two units that exist inside the original structure. The Sellers also added two (2) detached, two-bedroom / 1- bathroom ADUs measuring 641.5 SF each, bringing the total unit count to six (6). Prospective investors will have the rare opportunity to purchase a “like new” property in an area that is generally deprived of them, allowing them to achieve rental prices that will near the peak of the surrounding market with little risk of incurring major capital improvements that would come to be expected from properties of older vintage.
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⛳ Location of this Property on Google Maps:
https://www.google.com/maps/@34.020161300000,-118.691920800000,13z
🏥 Nearest Hospitals to this Property:
Providence Saint John’s Health Center
Sinai Tarzana Medical Center
West Hills Hospital and Medical Center
Woodland Hills Medical Center
UCLA Medical Center Santa Monica
✒️ Nearest Schools to this Property:
Our Lady of Malibu School
Webster Elementary School
Santa Monica-Malibu Unified School District
Malibu Presbyterian Nursery School
Our Lady of Malibu Catholic School
🍕 Nearest Restaurants to this Property:
Ralphs
Malibu Yogurt
SUBWAY
Ollo
Bui Sushi
🚃 Nearest Train Stations to this Property:
Amtrak-Van Nuys
Amtrak-Burbank Airport
Amtrak-Simi Valley
Amtrak-Chatsworth
Northridge Station
🏬 Nearest Shopping Malls to this Property:
Malibu Village
Point Dume Plaza
Malibu Lumber Yard
Pine Tree Circle Center
Malibu Country Mart
🌼 Nearest Parks to this Property:
Legacy Park
Malibu Colony Playground
Malibu Bluffs Park
Malibu Parks & Rec
Malibu Lagoon State Beach
🎥 Nearest Movie Theaters to this Property:
Hollywood Theater
Malibu Export Service
Regency Agoura Hills 8
Regency Theatres
Malibu Theater
☕ Nearest Cafes to this Property:
Alfred Coffee
Malibu Farm
Starbucks
Hawc Cafe
✈️ Nearest Airports to this Property:
Van Nuys Airport
Hollywood Burbank Airport
Santa Monica Airport
Hawthorne Municipal Airport
Los Angeles Int’l Airport
🏢 Nearest Stores to this Property:
Star Roofing Malibu
La Chaussure Footwear Etc
Bungalow
Vitamin Barn
Malibu Hardwood Floors
➕ Nearest Doctors to this Property:
Malibu Medical Group
Milica Simpson, MD
Malibu Urgent Care
Pax Emmanuel, MD
Malibu Chiropractic and Wellness
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