Courtesy of: Maurius Jeffery 01738154 | Marcus & Millichap
Purchase Type: Sale
MLS ID: 19500632
Days On Market: 449
Year Build: 1941
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 4091 CREED Avenue
County: Los Angeles
City: Los Angeles
Neighborhood: Phht - Park Hills Heights
Property Taxes: $0
A four unit property located in historic Lemiert Park district of Los Angeles. The property consists of four large one-bedroom/one-bath units. The property is located a half mile from the redevelopment of the "Baldwin Hills Crenshaw Plaza". With a walk score of 79 the property is ideally situated on a quite tree lined street, within walking distance to retail shops, dining and night life activities. The property boasts four garage parking spaces and a grassy backyard for its residents to enjoy secluded soirees. Moreover, the property has tremendous upside potential in rental income. With approximately 47 percent upside in rental income in a burgeoning sub-market a new investor has the opportunity to acquire a well located asset with considerable upside.
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