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Active 24 days on market

939 S Lorena Street

Los Angeles, CA 90023

$865,000

939 S Lorena Street
939 S Lorena Street photo 2
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+15 more
Beds
Baths
Sq Ft
0.13Acres
1907Built

About This Home

Incredible investment opportunity or ideal owner-user property! This multi-unit property features three units, including a recently renovated front unit that will be delivered vacant at close of escrow. The property consists of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is separately metered for water, gas, and electricity, offering added convenience and cost transparency. The layout is well-suited for extended family living or generating rental income. Current rents are below market, presenting strong upside potential for investors. The property will be delivered with tenants in place in two units; the front unit will be vacant. Please do not disturb tenants. Showings by appointment only--contact the listing agent for access. Buyers are advised to conduct their own due diligence regarding tenancy and occupancy options. The seller will not pursue tenant relocation or provide credits for associated costs. Located in an area experiencing significant recent development, this property presents an excellent opportunity for both income generation and long-term growth. Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.

Property Details

Property TypeDuplex
Year Built1907
Lot Size0.13 acres
Garage Spaces0
Parking Total5
HeatingDuctless,WallFurnace
CoolingDuctless,WallWindowUnits
PoolNo
MLS #1158585465
Days on Market24 days

Location

Listed by

Daniel Brooks

RE/MAX Gold Coast REALTORS

MLS# VC159097404

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.