We are pleased to offer for sale this eight (8) unit, fifteen (15) bedroom multifamily investment offering, located blocks away from the internationally renowned University of Southern California (USC). The subject property is constructed of wood frame and stucco in 1908, with approximately 9,273 rentable square feet on a 8,758 square foot lot. The asset is comprised of three (3) two-story structures, with a unit mix consisting of five (5) Studios, one (1) commercial space (currently occupied as a supermarket), & two (2) 5+3 houses (units). Given the location, attractive local area amenities, and opportunity to increase rental income, this value-add investment presents an excellent opportunity for an investor to acquire a unique property with a tremendous amount of potential upside of about 45%.
Off market
$2,057,800
2101 Estrella Ave, Los Angeles, CA 90007
15beds
11baths
9,273sqft
MultiFamily
Built in 1908
-- sqft lot
$2,057,800 Zestimate®
$222/sqft
$1,743 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 11
Cooling
- Other
Interior area
- Total interior livable area: 9,273 sqft
Property
Lot
- Size: 8,759 sqft
Details
- Additional structures: Other
- Parcel number: 5124031030
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1908
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- Equipment: Other
- Cooling: Other
- SourceLivingArea: Assessor
- SourceLotSizeArea: Vendor Enhanced
- Heating: Other
- ListingArea: Downtown L.A.
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
- OtherStructures: Other
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Estimated market value
$2,057,800