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.
For sale
Price cut: $280K (8/21)
$2,995,000
1703 Stoner Ave, Los Angeles, CA 90025
13beds
14baths
9,056sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$2,901,100 Zestimate®
$331/sqft
$-- HOA
What's special
One-bedroom unitsTwo-bedroom two-bath unitsSpacious two-story townhome
- 16 hours
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