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Berkshire Hathaway HomeServices California Properties
6605 Denver Ave, Los Angeles, CA 90044
- $645,000
- 4
- BD
- 4
- BA
- 2,332
- SqFt
- List Price
- $645,000
- MLS#
- 26107652
- Year Built
- 1953
- Bedrooms
- 4
- Bathrooms
- 4
- Living Sq. Ft
- 2,332
- Lot Size
- 5,404
- Days on Market
- 4
- Property Type
- Multifamily
- Stories
- 2
Property Description
ADU plans SUBMITTED! Fully occupied 4-unit income property in South Los Angeles with major value-add upside. 6605 Denver Ave offers four 1-bedroom / 1-bathroom units across approximately 2,332 SF of living area on a 5,404 SF LAR2-zoned lot. All four units are currently occupied, producing $3,362 per month ($40,339 annually) in actual gross rents with long-term tenancies in place, leaving meaningful room for an investor to grow income over time. The ADU opportunity, with plans SUBMITTED, gives a buyer a clear path to add another income-producing unit and increase the property's value. Built in 1953. Conveniently located near the 110 Freeway, Figueroa St, and Gage Ave with easy access to Downtown LA and USC. An excellent opportunity for an investor seeking stable in-place income today plus built-in upside through the ADU. Buyer to verify all information including ADU plans, permits, and unit details.
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Additional Information
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall/Window
- Number of Cars in Garage
- Driveway, Gated, Uncovered
- Water
- Public
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Courtesy of Fred Leeds Asset Group Inc., Chandler Rockwell - CA DRE#02080782
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