Multifamily Housing
254 East Lanzit Avenue Los Angeles, CA 90061
Details & Description
Price: $1,499,000
    True 7.6% CAP in the heart of South Los Angeles! Building is currently occupied by Section 8 tenants that are current with rent and are continuing to pay. Fantastic unit mix of 5 - 3 Bedroom units. Unit #1 is a town home style with 2 floors. Currently 2 of the units are vacant which would allow a new owner to select their own tenants. Building is 5,600 Sq. Ft. on a large 10,512 Sq. Ft. lot. There is ample on-site parking for all units. There is also a laundry room on-site that in not currently in use but a new owner could take advantage of to produce additional revenue.
    Property Highlights
     Drive by only. Do not disturb tenants.
     Excellent Cash Flowing Opportunity
    Listing Agents
    Stephen Watson

    O: 213-797-7006
    M: 213-446-3636
    swatson@total-realtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    254 East Lanzit Avenue

    Los Angeles, CA 90061

    Listing ID: 273096
    • 254 East Lanzit Avenue Los Angeles, CA 90061 | for Sale | Photo 1
    • 254 East Lanzit Avenue Los Angeles, CA 90061 | for Sale | Photo 2
    • 254 East Lanzit Avenue Los Angeles, CA 90061 | for Sale | Photo 3
    254 East Lanzit Avenue | for Sale | Thumbnail 1
    254 East Lanzit Avenue | for Sale | Thumbnail 2
    254 East Lanzit Avenue | for Sale | Thumbnail 3
    Building Size: 5,600 SF
    Lot Size: 0.241 AC
    Land Size: 10,512 SF
    Building $/SF: $267.68
    Land $/SF: $142.60
    Price
    $1,499,000
    Property Highlights
    Excellent Cash Flowing Opportunity
    Drive by only. Do not disturb tenants.
    Description

    True 7.6% CAP in the heart of South Los Angeles! Building is currently occupied by Section 8 tenants that are current with rent and are continuing to pay. Fantastic unit mix of 5 - 3 Bedroom units. Unit #1 is a town home style with 2 floors. Currently 2 of the units are vacant which would allow a new owner to select their own tenants. Building is 5,600 Sq. Ft. on a large 10,512 Sq. Ft. lot. There is ample on-site parking for all units. There is also a laundry room on-site that in not currently in use but a new owner could take advantage of to produce additional revenue.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
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    Listing Demographics for 254 East Lanzit Avenue Los Angeles, CA 90061

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 254 East Lanzit Avenue in Los Angeles?
    The asking price for 254 East Lanzit Avenue is $1,499,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 254 East Lanzit Avenue in Los Angeles is 5,600 square feet
    How much land does the Los Angeles, CA property at 254 East Lanzit Avenue include?
    254 East Lanzit Avenue in Los Angeles includes 0.241 acres of land
    What is the population within 1 mile of 254 East Lanzit Avenue in Los Angeles?
    The population within 1 mile of 254 East Lanzit Avenue Los Angeles, CA 90061 is 45,887 people.
    Who do I contact for questions about 254 East Lanzit Avenue?
    You should contact the listing agent, Stephen Watson, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Los Angeles International Airport (LAX) 8
    John Wayne Airport-Orange County Airport (SNA) 29
    Ontario International Airport (ONT) 39
    Price
    $1,499,000
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