Exciting Investment Opportunity in the Heart of the Florence Graham District!
Situated within the vibrant community of the Florence Graham District, this investment prospect showcases three buildings, collectively offering six units for potential investors. The accommodations include a spacious three-bedroom unit with 1¾ baths on the lower level, complemented by four one-bedroom, one-bath units, and a studio unit situated above the garage. Tenant convenience is prioritized with ample parking, including a garage, and dual access points from both the front and rear of the property.
Each building has undergone significant upgrades, including new roofs, fascia, and mailboxes. Furthermore, individual units have received specific enhancements to elevate their appeal and functionality:
- 6616 D Studio: A comprehensive renovation featuring new plumbing and gas lines, a tankless water heater, a freshly constructed patio, as well as new kitchen and bathroom installations, laminate flooring, heater, and windows.
- 6618 A-B: Upgrades include new laminate flooring, partial window replacements, updated gas lines, and water heater installations, enhanced plumbing systems, updated electrical panel, renovated kitchen and bathrooms, new sewer mainline, and the addition of a new porch/patio area.
- 6616 B & C: These units feature newly retiled showers.
- 6616 A & B: New toilet installations.
Don’t miss this incredible opportunity to invest in a property with significant potential for returns.
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Sold for $900,000 on 07/16/24
Listing Provided by:
Ray Bennett DRE #00560298 310-339-1056,
TREC Lending Inc.
Bought with: TREC Lending Inc.
$900,000
6616-6618 S Makee Ave, Los Angeles, CA 90001
8beds
7baths
3,767sqft
Mixed Use
Built in 1961
-- sqft lot
$882,900 Zestimate®
$239/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 16, 2024 at 11:58am
Listing Provided by:
Ray Bennett DRE #00560298 310-339-1056,
TREC Lending Inc.
Bought with:
Ray Bennett, DRE #00560298
TREC Lending Inc.
Source: CRMLS,MLS#: SB24116829
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,767
- Total interior livable area: 3,767 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
- Fencing: Block
Lot
- Size: 7,185 sqft
- Features: 6-10 Units/Acre, Level
Details
- Parcel number: 6010033004
- Zoning: LCR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Raised
- Roof: Composition
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Fire Detection System, Smoke Detector(s)
Community
- Community features: Storm Drain(s), Street Lights, Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 5
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
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Estimated market value
$882,900