logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
31 Photos
icon
icon icon
2951 Francis Avenue
USD 2,650,000
Property ID: 24376665
icon
2951 Francis Avenue ,90005
icon --
icon 6753 SqFt
icon Built in 1921
icon USD 392/SqFt
icon 12 Beds
icon 8 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
12
Bathrooms
8
Interior Size
5502
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1921
See more icon
Detailed Introduction Of This Home
REAL BROKER LLC is Proud to present A CASH COW OPPORTUNITY SALE OF 4 TURN-KEY PROPERTY WITH RTI READY TO GO ADU PLANS FOR 2 BED 2 BATH PLUS 1 BED 1 BATH REAR DETACHED BUILDING ADUs. SELLER HAS 2 ESTIMATE COST OF CONSTRUCTION AT $160 PER SQ FEET. FRONT FOUR-UNITS ARE FULLY RENOVATED/TURN KEY APARTMENT COMMUNITY LOCATED 2951 Francis Avenue. SPRAWLING RESTRANTS NEARBY AND SUPERMARKET, FLOWER SHOP, BUS STOPS, FEW BLOCKS FROM STARBUCKS AND METRO STATION. The subject property is located just south of 8th Street within the desirable Koreatown sub-market. Situated on a 6,751 square foot parcel, the property is comprised entirely of three-bedroom units. New ownership has the ability to add two accessory dwelling units (ADU's) TOTALLING 1,650 SF., for a two-bedroom and one-bedroom unit. ADU Permits are "RTI" Status. Current Ownership has extensively renovated all units with stainless-steel kitchen appliances, new flooring, in unit washer/dryers, AC systems in each bedroom & more. ALL ROOMS ARE LARGE SIZES. The continued gentrification of the surrounding area along with the rare opportunity to acquire a fully rehabbed, luxury apartment community with a healthy income stream makes 2951 Francis Avenue an excellent acquisition opportunity FOR THOSE WHO ARE LOOKING TO DO 1031 EXCHANGE OR A NEW PURCHASE TO MAKE YOUR $$$ GO FARTHER, CREATING GENERATIONAL WEALTH.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
1525 W Oakland Avenue #22
1525 W Oakland Avenue #22
icon 1525 W Oakland Avenue #22
0 SqFt  / 2 Beds  / 2 Full Bas
USD 65,000
3294 Summit Ridge
3294 Summit Ridge
icon 3294 Summit Ridge
10890 SqFt  / 3 Beds  / 2 Full Bas
USD 895,000
2625 Ryans Place
2625 Ryans Place
icon 2625 Ryans Place
9933 SqFt  / 3 Beds  / 3 Full Bas
USD 610,000
0 Vac/120 Ste/Vic Avenue D2
0 Vac/120 Ste/Vic Avenue D2
icon 0 Vac/120 Ste/Vic Avenue D2
438613 SqFt  / 0 Bed  / --
USD 160,000
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 31
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (31)
icon
icon
banner
2951 Francis Avenue
USD 2,650,000 12 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder