ADU DEVELOPMENT OPPORTUNITY - An exceptional opportunity to purchase a beautifully preserved four-unit building in the heart of the Fairfax District, just north of Beverly Blvd, featuring significant upside potential to generate additional income through the development of new ADU(s) using the existing, currently unused garage space, or by converting… Read More the garages back to parking. Ideally positioned near the iconic Original Farmers Market and The Grove, this property embodies true Los Angeles character, a timeless example of early 20th-century architecture that continues to attract long-term tenants and steady demand. Each spacious unit features hardwood floors, in-unit laundry, and designated parking, reflecting the enduring appeal of thoughtful design and craftsmanship. With its unbeatable location, spacious + desirable layouts it creates a strong upside potential for investors whether through rental income growth, future appreciation, or value-add improvements. Don't miss this chance to own a classic, income-producing asset in one of Los Angeles's most dynamic and highly coveted neighborhoods. Read Less
Courtesy of Compass 310-230-5478
Listing Snapshot
Days Online
75
Last Updated
Property Type
Other
Beds
9
Square Ft.
5,486
Lot Size
0.15 Acres
Year Built
1927
MLS Number
25609551
30 Days Snapshot Of 90036
$2.12M
-8%
(avg) sold price
10
+100%
homes sold
62
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven, Refrigerator, Washer, Dryer
Building
5,486 sq ft, Built in 1927, Levels: One
Cooling
Wall Unit(s)
Disclosures
None
Garage
Detached, Garage Is Detached, Driveway
Heating
Forced Air
Lot
LotAcreage: 0.1464, LotSizeArea: 6,377
Parking
OpenOtherSpacesTotal: 1, TotalParking: 0
Property
NumberOfUnits: 4, Zoning: LARD1.5
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