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2324 Washington Boulevard
Los Angeles, CA 90018
2324 W Washington Blvd, a prime investment opportunity located in the heart of Mid City. This 4-unit multifamily property boasts a desirable unit mix, with all four units featuring spacious 2-bedroom, 1.5-bathroom floor plans. Each unit is designed with comfort and convenience in mind, offering expansive living spaces that are perfect for both families and professionals alike.The building spans an impressive 5,802 square feet on a 7,000 square foot lot, providing ample space for tenants. Each unit includes a separate laundry room, and with in-unit washer and dryer hookups, adding to the convenience and appeal for tenants.One of the four units is currently vacant and has been fully renovated, making it rent-ready for the new owner or ideal for an owner-occupant. This beautifully updated unit presents an immediate opportunity to generate income or enjoy modern living in a thriving neighborhood.Parking is a breeze with 4 designated spots on the property, of which only 2 are currently tied to leases, offering flexibility for future arrangements. The property is zoned LAC2, providing potential for additional development or other uses in the future.This property qualifies for attractive low down payment residential financing, making it an excellent choice for both seasoned investors and first-time buyers looking to enter the multifamily market. Don't miss out on this rare opportunity to own a well-maintained and income-generating property in one of Los Angeles' most dynamic and centrally located neighborhoods. Please Do not Disturb The Tenants.
PROPERTY INFORMATION
| MLS # | 24429941 | Lot Size | 7,000 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,400,000
Price Per SqFt: $ 241 |
DOM | 260 Days |
| Address | 2324 Washington Boulevard | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 5,802 Sq. Ft. |
| Postal Code | 90018 | Garage | N/A |
| County | Los Angeles | Year Built | 1917 |
| Bed / Bath | 8 / 0 | Parking | 4 |
| Built In | 1917 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Stackable |
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,493
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/20/2024 | Listed | $1,400,000 |
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Listing provided courtesy of Chase Simonton, RE/MAX One. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
