logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
10 Photos
icon
icon icon
3018 9th Avenue
USD 1,625,000
Property ID: 23330143
icon
3018 9th Avenue ,90018
icon --
icon 10789 SqFt
icon Built in 1947
icon USD 151/SqFt
icon 8 Beds
icon 8 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
8
Bathrooms
8
Interior Size
4524
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1947
See more icon
Detailed Introduction Of This Home
LOW LOW RENTS. 2 UNITS VACANT & 1 MORE IN PROCESS OF EVICTION. This remarkable and distinctive real estate offering at 3018 9th Ave, located in the heart of Mid City, Los Angeles. This unique property encompasses three separate structures designed in an elegant garden-style, with the two front structures each housing three units, while the rear structure currently stands vacant and contains two units. All units are conveniently single-story, providing tenants with ease of access.Each of the eight units in this complex features a functional 1 bedroom and 1 bathroom layout, striking a perfect balance between space and privacy for residents. Notably, one of the vacant units in the rear structure has been recently renovated, boasting updated bathrooms, kitchens, and appliances, making it an appealing option for prospective tenants.Moreover, the units include washer/dryer hookups, adding to their desirability and convenience. Additionally, the property encompasses an underutilized detached garage with eight single-car parking spots. While presently used for tenant storage, this space holds great potential for conversion into an Accessory Dwelling Unit (ADU), which could significantly enhance your return on investment (Buyer to Verify).With a generous 4,524 sq. ft. of interior space situated on a spacious 10,789 sq. ft. lot, this property not only exudes visual charm but also serves as a robust income generator. Currently, two units are vacant, providing an immediate opportunity for increased rental income. Furthermore, there exists a substantial 46% rental upside, waiting to be realized, which promises an exceptional chance to maximize your return on investment.The financial track record of 3018 9th Ave speaks to its ability to generate strong cash flow, making it an attractive addition to your investment portfolio. This property stands as a strategically positioned asset in the thriving Mid City real estate market, making it an enticing prospect for seasoned investors seeking a reliable source of income and newcomers looking to enter the market. Please do not disturb any of the tenants. All showings will be subject to an accepted offer.
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
337 Melham Avenue
337 Melham Avenue
icon 337 Melham Avenue
6094 SqFt  / 3 Beds  / 1 Full Bas
USD 639,900
1125 19th Street
1125 19th Street
icon 1125 19th Street
7184 SqFt  / 0 Bed  / --
USD 1,999,999
0 Mariposa Road
0 Mariposa Road
icon 0 Mariposa Road
93838 SqFt  / 0 Bed  / --
USD Undetermined
500 S Grevillea Avenue #5
500 S Grevillea Avenue #5
icon 500 S Grevillea Avenue #5
23057 SqFt  / 2 Beds  / 3 Full Bas
USD 549,000
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 10
album
album
album
album
album
album
album
album
album
album
Photos (10)
icon
icon
banner
3018 9th Avenue
USD 1,625,000 8 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