10956 S Western Avenue, Los Angeles, CA 90047
- $599,000
- List Price
- $599,000
- Status
- ACTIVE
- MLS#
- OC26182316
- Year Built
- 1949
- Lot Size
- 6,018
- Acres
- 0.14
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 3
- Property Type
- Multifamily
- Property Sub Type
- Duplex
Property Description
Motivated Seller – Priced to Sell! Prime investment opportunity on Western Avenue in Los Angeles with strong value-add and income potential. This two-unit property is being delivered completely vacant, giving the new owner a rare opportunity to take immediate control of both units without inheriting existing tenants or below-market leases. Investors can renovate and reposition both units, establish new market rents, select their own tenants, and build a stronger rental income stream from day one. The full vacancy also creates an attractive opportunity for an owner-user to occupy one unit while generating income from the other. The property includes garage parking, with potential for garage ADU conversion to create additional living space and another source of rental income. Ideally located along a major Los Angeles corridor near SoFi Stadium and Intuit Dome, with convenient access to transportation, shopping, freeways, and employment centers. With both units vacant, significant rental upside, ADU potential, and multiple investment strategies, this property offers an excellent opportunity for a value-add investor, owner-user, long-term investor looking to maximize future income and property value.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $33,000
- Operating Expense
- 2340
Listing courtesy of Listing Agent: Alex Lee (alex@cmrealty.com) from Listing Office: Capital Management Realty, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.