We are proud to present an exceptional investment opportunity in Prime Eagle Rock: A rare mid-century 7-unit apartment building with one unit delivered vacant, situated on approximately 8,426 square feet of land in the highly sought-after Eagle Rock neighborhood, nestled on a quiet and quaint residential street. Offered for sale… Read More for the first time in approximately 24years, the property presents compelling value-add and development upside, including the potential to add multiple detached ADUs at the rear of the lot by utilizing SB 1211. Constructed in 1966, the property totals approximately 5,112 square feet and features an excellent unit mix consisting of three (2-bedroom /1.5-bath) units, three (1-bedroom / 1-bath) units, and one (3-bedroom / 2-bath) unit, owners unit. The property is zoned RD1.5-1 and designated Tier 3 TOC. Ideally located in the heart of Eagle Rock, the property boasts a Walk Score of 90 (Walker's Paradise), allowing residents to complete daily errands without a car, and is within close proximity to Occidental College, Sprouts Farmers Market, and popular neighborhood destinations such as Creature's Plants and Coffee, Starbucks, Capri Club, Little Beast, Cindy's, and CaCao.**Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY ** Read Less
Courtesy of Remax Commercial and Investment Realty 213-817-1000
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
12
Square Ft.
5,112
Lot Size
0.19 Acres
Year Built
1966
MLS Number
26660527
30 Days Snapshot Of 90041
$1.47M
-4%
(avg) sold price
4
0%
homes sold
45
-75%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
5,112 sq ft, Built in 1966, Levels: Two
Cooling
Wall Unit(s)
Disclosures
As Is
Garage
Uncovered
Heating
Wall
Lot
LotAcreage: 0.1935, LotSizeArea: 8,429
Parking
TotalParking: 9
Property
NumberOfUnits: 7, Zoning: LARD1.5
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