8201 Morton

Los Angeles, CA 90001

About this property

INVESTOR SPECIAL / VALUE-ADD MULTIFAMILY OPPORTUNITY! Incredible investment potential located in the Florence-Firestone area, just blocks from Huntington Park. This 6-unit property offers massive upside with an estimated After Repair Value (ARV) exceeding three times the current price. The unit mix consists of six (6) 1-Bedroom / 1-Bathroom units situated on an expansive 12,030 sq. ft. lot (over 1/4 acre) zoned LCR2YY. Building size is approximately 3,264 sq. ft. Five (5) units are currently occupied generating immediate rental income, while one (1) unit is vacant, offering an ideal opportunity for owner-occupancy ("house hacking") or immediate renovation to capture top market rents. Each unit features separate gas and electric meters. Owner currently pays water, with tenant overage reimbursement terms in place. Prime candidate for a heavy value-add renovation, capital appreciation, and long-term portfolio growth. Buyers to verify all listing info, zoning, permits, and potential development rules with LA County. Do not disturb tenants.

About this property

INVESTOR SPECIAL / VALUE-ADD MULTIFAMILY OPPORTUNITY! Incredible investment potential located in the Florence-Firestone area, just blocks from Huntington Park. This 6-unit property offers massive upside with an estimated After Repair Value (ARV) exceeding three times the current price. The unit mix consists of six (6) 1-Bedroom / 1-Bathroom units situated on an expansive 12,030 sq. ft. lot (over 1/4 acre) zoned LCR2YY. Building size is approximately 3,264 sq. ft. Five (5) units are currently occupied generating immediate rental income, while one (1) unit is vacant, offering an ideal opportunity for owner-occupancy ("house hacking") or immediate renovation to capture top market rents. Each unit features separate gas and electric meters. Owner currently pays water, with tenant overage reimbursement terms in place. Prime candidate for a heavy value-add renovation, capital appreciation, and long-term portfolio growth. Buyers to verify all listing info, zoning, permits, and potential development rules with LA County. Do not disturb tenants.

Features and Additional Information

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$749,900 Active
3,264 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Keller Williams Realty
1-951-271-3000
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Area Information

122 Harbor Gateway | Los Angeles County |

$ 749,900
This listing is play_arrow 0.0% lower than the average in the area
$ 749,950 in the area
3,264 SqFt
This listing is play_arrow 92.2% larger than the average in the area
1,698 SqFt in the area
$ 230 $/SqFt
This listing is play_arrow 48.6% less than the average in the area
$ 447 $/SqFt in the area
8 days on site
This listing is play_arrow 89.0% below the average in the area
73 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Ulises Vega
Brokerage: Keller Williams Realty

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