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$ 3,000,000
Est. payment | /mo
14 Beds
0.37 Acres Lot
$ 3,000,000
Est. payment | /mo
14 Beds
0.37 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25107665
Bedrooms 14
Lot Size 0.370 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
This exceptional 23-unit apartment complex presents a prime investment opportunity with significant upside potential. Ideal for a portfolio hold or future redevelopment, the offering consists of two separate properties with four separate buildings, located at 2660 & 2664 Randolph Street, and is being sold as a portfolio sale.Per city information, there may be an opportunity to convert the bottom-level garages into four (4) additional ADUs, as well as the potential to negotiate cash-for-keys with existing tenants, creating further value-add possibilities. The property benefits from a strategic, high-visibility location, ensuring strong demand and the potential for consistent cash flow and attractive returns. Sixteen (16) units include private car garages, in addition to open parking spaces.Conveniently located within walking distance to shopping, parks, schools, and bus stations, the property sits near Pacific Boulevard, a vibrant commercial corridor well known throughout the Los Angeles area. Pacific Boulevard is widely recognized as a hub for Latino culture, commerce, and nightlifea true destination for shopping, dining, and community activity.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Pacifc Blvd and Randolph St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6320022008
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange

Listed by Hugo Contreras HC Realty Group

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