800 New Depot Street new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90012
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,901 sqft
Price per Sqft $345
MLS Listing ID RS-24234276
Year Built 1966
Lot Size 5,159 Sqft
Property Description
Investment Opportunity in Chinatown - Fourplex with Endless Potential! Located just minutes from Downtown LA. This versatile fourplex is nestled in the heart of Chinatown, offering endless investment potential with proximity to some of the city's top destinations like Dodger Stadium, Union Station, Little Tokyo, and Crypto Arena. With quick access to the 110 and 101 freeways, this property is perfect for those looking for convenience and connectivity. Each of the four condo-style units provides privacy for tenants. Three of the 4 units are ready for new ownership to set rental rates to market value. Unit Layouts show: MAIN UNIT #1 comes with spacious 3 bedrooms and 2 bathrooms, featuring a large living room and kitchen - ideal for families or shared living. UNIT#2 & #3, each offers 2 bedrooms and 1 bathroom, along with a generously sized living room and kitchen, perfect for roommates or small families. UNIT 2A provides 1 bedroom and 1 bathroom with a well-sized living room and kitchen, catering to singles or couples. The property also includes a large three-car garage, a substantial basement for additional storage or potential enhancements, and a convenient coin-operated laundry room that adds to the appeal for tenants. This fourplex offers endless possibilities for investors to maximize rental income in a high-demand area of Los Angeles. Don't miss out on this rare opportunity to own a multi-family property with strong growth potential in a vibrant, well diverse and dynamic neighborhood!
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Individual Room
Exterior
Garage Garage,Garage Faces Front,Street,Covered
Garage Spaces 3.0
Pool None
Community Features Street Lights
Building
Lot Description Gentle Sloping
Sewer Public Sewer