1839 20Th StLos Angeles, CA 90007

This exceptional multifamily investment property, located at 1839 W 20th St, Los Angeles, CA 90007, presents a compelling opportunity for discerning investors. Currently configured as a single-family rental portfolio, the property sits on a sizable lot offering significant potential for future development. The asking price is $900,000. The property's strategic location in Los Angeles County, near the University of Southern California (USC) and downtown Los Angeles, ensures strong rental demand and potential for appreciation. The existing structure provides immediate cash flow, while the substantial lot size allows for the possibility of constructing up to three additional units, significantly increasing the property's value and rental income. This presents a rare chance to acquire a property with both immediate return and substantial long-term growth potential in a highly desirable and rapidly developing area of Los Angeles. The property is situated at 34.0383435 latitude and -118.2986586 longitude. This is a turnkey investment ready for an owner-operator or a portfolio addition. The property's proximity to USC and downtown LA makes it an attractive option for students and young professionals. The land value alone makes this a strong investment. Don't miss this chance to capitalize on this promising opportunity.