5701 Corbett, Los Angeles, CA 90016

Property Description

Sold Individually or Together with Adjacent Property 5713 Corbett! This is an incredible opportunity to acquire 16 units spread over (2) 8 unit buildings in the highly desirably West Adams neighborhood of Los Angeles. On two separate APN’s, these two apartments (“5701-23 Corbett”) can be purchased individually or together. 5701-11 Corbett is an 8 unit garden rise apartment property built in 1948, totaling 6,604sf in size, unit mix of (4) 1 bed/1 bath & (4) 2 bed/1 bath units, with Two units delivered vacant, and sitting on a 16,535sf lot zoned RD1.5. New roof 2026. 5713-23 Corbett is an adjacent 8 unit apartment also built in 1948, totaling 6,604sf in size, with a unit mix of (4) 1 bed/1 bath & (4) 2 bed/1 bath units, fully occupied, and sitting on a 15,954sf lot zoned RD1.5. New roof currently being installed. Combined, the entire property totals 13,208sf in size and sits on a wide 32,489sf lot with 218’ frontage offering tons of open space, ample carport parking in the rear, dedicated laundry rooms, and tons of opportunity to add value, create ADU’s, or potential development. Great West Adams Location Near Metro & Major Developments & Landmarks. Opportunity Zone!