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831 E 109th StreetLos Angeles, CA 90059
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
GET SMART WITH REAL ESTATE and discover an investment opportunity with multiple paths to potential income and value creation! This vacant Los Angeles property gives an investor something increasingly valuable flexibility. With no existing tenants to inherit, a new owner has the opportunity to start fresh, make improvements, reposition the property and determine the rental or housing strategy that best fits their investment goals. The 2-unit configuration creates exciting possibilities for investors looking beyond the traditional rental model. Explore conventional long-term rentals, Housing Choice Voucher/Section 8 opportunities, transitional housing, recovery/sober living, shared housing, or partnerships with qualified housing providers and organizations, subject to applicable laws, licensing and program requirements. Investors may also consider renovation and repositioning strategies aimed at increasing rental performance and creating long-term value. Vacancy can be an advantage for the right investor. Instead of inheriting existing leases or rental terms, you have an opportunity to develop your own operating plan, select your rental strategy and position the property for its next chapter. Whether your goal is monthly cash flow, serving the growing demand for housing, building a long-term rental portfolio, or improving and repositioning the property, there are multiple avenues to explore. Bring your contractor, run your numbers and imagine the possibilities. Buyer and buyer's agent to independently verify property information, permitted unit status, rents, zoning, permitted uses, licensing requirements and suitability for buyer's intended investment strategy. Smart investors don't just buy property, they recognize possibilities others may overlook. Get Smart with Real Estate. Call Don Adams today to schedule an appointment and explore the opportunity for yourself.
| 4 hours ago | Listing updated with changes from the MLS® | |
| 11 hours ago | Listing first seen on site |
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.