This opportunity will not last! Subject Property is an eight (8) unit apartment building located in a very coveted area in Los Angeles County. The Subject Property currently has 6 vacant units that are boarded up and only two units are occupied. The apartment building is situated on a large 17,552 SF lot zoned R4-2D CPIO. This investment provides multiple options for a real estate investor but will require renovations to command market rents for all units. An alternative would be to have a developer complete entitlements and conduct a major redevelopment.
Off market
$3,748,100
5785 Corbett St, Los Angeles, CA 90016
12beds
8baths
6,604sqft
MultiFamily
Built in 1948
-- sqft lot
$3,748,100 Zestimate®
$568/sqft
$4,128 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
 - Bathrooms: 8
 
Cooling
- Other
 
Interior area
- Total interior livable area: 6,604 sqft
 
Property
Parking
- Total spaces: 8
 
Lot
- Size: 0.40 Acres
 
Construction
Type & style
- Home type: MultiFamily
 
Condition
- Year built: 1948
 
Community & neighborhood
Location
- Region: Los Angeles
 
Other
Other facts
- County: Los Angeles
 - PropertyType: Residential Income
 - SourceLivingArea: Vendor Enhanced
 - SourceLotSizeArea: Assessor
 - UnitTypeType: 1, 2, 3, 4, 5, 6, 7, 8
 - ListingArea: Park Hills Heights
 - ParkingGarage: Other
 - ListingStatus: Active Under Contract
 
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Estimated market value
$3,748,100