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For SaleLuxury

$2,100,000

8,024 sqft$262/sqft64 days on market

3823 Wisconsin ST

Los Angeles, CA 90037

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

8,024

Square feet

1961

Built

Listing narrative

Description

Discover an incredible opportunity with this delightful 8-unit complex, showcasing stunning Mid-Century modern architecture in a highly sought-after area. Ideally situated within walking distance to USC and the Lucas Museum, this property is just a stone's throw from the Expo Center and the Los Angeles Memorial Coliseum. Its prime location makes it exceptionally well-suited for student housing, while the potential for increased rental income is undeniable. The thoughtfully designed unit mix features (7) 2-bedroom, 1-bathroom units and (1) 1-bedroom, 1-bathroom unit, catering to a diverse tenant base. Key updates include copper plumbing, a new electric motor on the security gate, and modern vinyl windows that enhance both security and energy efficiency. The seismic retrofit work has been completed, ensuring peace of mind for future occupants. Currently, the property offers parking for 8 vehicles, with the potential to expand this capacity or add an ADU. Its desirable LAR3 zoning and TOC Tier 4 designation present exciting development possibilities, allowing for the conceptual addition of up to 18 units "By Right" (subject to city verification). Don’t miss out on this remarkable investment opportunity in one of Los Angeles's most sought-after neighborhoods! Call now to explore the potential of this property and secure your future.

Listing agent (MLS): Daria Cernavskis · Listing brokerage (MLS): Remax Alliance Group

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,100,000

Beds

Beds n/a

Type

House

Home Size

8,024 sqft

Baths

Baths n/a

Lot Size

0.18 acres

Year

1961

Status

For Sale

Days on Market

64

$ / Sqft

$262

· 8% down, 7% APR, 30yr fixed
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Courtesy of Remax Alliance Group