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$1,150,000
1 Day On Site

1531 Cambria Street
Los Angeles, CA 90017

For Sale|Residential Income|Active
4
Beds
4
Total Baths
2,496
SqFt
$461
/SqFt
2006
Built
County:
Los Angeles
Listed by Henry Han of HBAR [email protected]

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1531 Cambria Street1531 Cambria Street1531 Cambria Street1531 Cambria Street
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Fully Permitted Duplex 100% Occupied, Prime Central Location. This fully permitted two-unit apartment building offers an excellent investment opportunity with a strong 7.5% cap rate and immediate cash flow from day one. The property consists of: First Floor: 4 bedrooms / 2 bathrooms (currently owner-occupied), Second Floor: 4 bedrooms / 2 bathrooms (fully rented to four tenants). The upstairs unit features a shared kitchen and laundry area. One bedroom includes a private bathroom and shower, while the second bathroom is shared by the remaining three tenants. Parking space is available for up to four vehicles. Ideally located in the heart of Los Angeles, just minutes from LA Live, Crypto.com Arena (formerly Staples Center), the Financial District, Koreatown, Echo Park, and Filipinotown. The property offers excellent freeway access and proximity to major employment, dining, and entertainment hubs. Within walking distance to Starbucks, McDonald's, Panda Express, Bank of America ATM, and Good Samaritan Hospital.A short drive to 7th & Fig, Gold's Gym, Target, Zara, Nordstrom Rack, Ralphs, and LA Live.Also near cultural landmarks including Walt Disney Concert Hall, Dorothy Chandler Pavilion, The Broad Museum, LA Opera, Whole Foods Market, and FIDM.This is a rare opportunity to acquire a centrally located, income-producing property in a high-demand rental market.

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Listing Snapshot
Price 
$1,150,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
2,496 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0878 Acres
Year Built 
2006
MLS® Number 
26648307
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.0878
Levels 
Two
Number Of Stories 
2
Parking 
Driveway
Parking Spaces 
4
Security 
Carbon Monoxide Detector(s)Gated Community
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
2496
Zoning 
LAR4
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorDryerWasher
Fireplace 
Yes
Fireplace Features 
ElectricGas
Flooring 
CarpetLaminate
Heating 
Wall Furnace
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Exterior Features
View 
None
Waterview 
None
Community Features
Community Features 
Gated
MLS Area 
C42 - Downtown L.A.


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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