1703 Stoner Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90025
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,056 sqft
Price per Sqft $330
MLS Listing ID 25581739
Bedrooms 13
Year Built 1973
Lot Size 7,387 Sqft
Acres 0.1696
Property Sub-Type Multi-Family
Property Description
Discover a prime investment opportunity with this well-located 9-unit building, perfect for savvy real estate investors seeking significant upside in West LA (Sawtelle). This property is an ideal candidate for a Tenants In Common (TIC) development, offering flexible ownership structures that can attract a broader range of investors, with its diverse mix of units, including a spacious two-story townhome, two-bedroom, two-bath units, and one-bedroom units, totalling 9,064 SF. There's considerable potential to increase rental income through strategic upgrades. The possibility of converting garage areas into additional ADUs provides substantial value-add opportunities. Zoned [Q]R3-1 on a 7,385 square foot lot, the property offers not only immediate income but also long-term growth prospects, making it an exceptional chance to maximize returns on your investment portfolio.
Location
State CA
County Los Angeles
Area West L.A.
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Equipment None
Exterior
Parking Features Covered Parking
Building
Story 3
Level or Stories Three Or More
Others
Special Listing Condition Standard