2107 Oak Street, Los Angeles, CA 90007

Property Description

Excellent multifamily investment opportunity in University Park, conveniently located near USC. This approximately 6,500 SF lot features a two-story, 4-unit multifamily property with ample rear parking and potential for additional upside. All units will be delivered vacant at close of escrow, providing an investor with flexibility to establish new tenancy and reposition the property. The downstairs unit was originally configured as a 3-bedroom, 2-bathroom unit and has been divided into a 2-bedroom, 1-bathroom unit and an additional 1-bedroom, 1-bathroom unpermitted bonus space. Upstairs features a 1-bedroom, 1-bathroom unit, a large studio, and a smaller studio. The spacious rear lot provides substantial off-street parking and potential for future development. Property is zoned LARD1.5. Buyer to verify with the City of Los Angeles regarding zoning, permits, existing unit configuration, parking, ADU/development opportunities, and all potential uses. Located near USC and in an area with strong student-housing demand, this property offers an attractive opportunity for an investor seeking multiple rental units, abundant parking, a large lot, and future upside. All units to be delivered vacant. Buyer to independently verify all property information, permits, square footage, zoning, development potential, parking, and unit configuration with the appropriate City of Los Angeles departments.