1491 Stadium Way, Los Angeles, CA 90012

$998,888

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List Agent Mulyani Ang () 626-233-9466 The One Luxury Properties; CoList ()

List Price
$998,888
Status
ACTIVE
MLS#
AR26118482
Year Built
1974
Lot Size
5,422
Lot Location
2-5 Units/Acre, Near Public Transit
Days on Market
33
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Exceptional value-add investment opportunity to acquire a 5-unit multifamily property in a desirable Los Angeles location. Situated at 1491 Stadium Way, this property offers a total of 7 bedrooms, 5 bathrooms, and approximately 3,296 square feet of living space. Ideally located near Dodger Stadium, Downtown Los Angeles, China Town, Elysian Park, and major transportation corridors, including the 110 Freeway, the property benefits from convenient access to employment centers, dining, shopping, entertainment, and public transportation. The property features separate gas and electric meters, helping to reduce owner utility expenses and simplify property management. The property is currently tenant-occupied with rents below prevailing market rates, presenting investors with the potential for future income growth, subject to applicable laws, tenant rights, and local regulations. Competitively priced to reflect its current income and tenancy profile, this offering presents an excellent opportunity for investors seeking a well-located multifamily asset with long-term upside potential in one of Los Angeles' most established rental markets. Buyers are encouraged to independently verify all information, including unit count, square footage, rents, expenses, permits, zoning, and condition of the property.

Additional Information

Water
Public

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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.