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For Sale

$689,900

12,031 sqft$57/sqft18 days on market

8201 Morton AVE

Los Angeles, CA 90001

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

12,031

Square feet

1923

Built

Listing narrative

Description

INVESTOR SPECIAL / VALUE-ADD MULTIFAMILY OPPORTUNITY! Incredible investment potential located in the Florence-Firestone area, just blocks from Huntington Park. This 6-unit property offers massive upside with an estimated After Repair Value (ARV) exceeding three times the current price. The unit mix consists of six (6) 1-Bedroom / 1-Bathroom units situated on an expansive 12,030 sq. ft. lot (over 1/4 acre) zoned LCR2YY. Building size is approximately 3,264 sq. ft. Five (5) units are currently occupied generating immediate rental income, while one (1) unit is vacant, offering an ideal opportunity for owner-occupancy ("house hacking") or immediate renovation to capture top market rents. Each unit features separate gas and electric meters. Owner currently pays water, with tenant overage reimbursement terms in place. Prime candidate for a heavy value-add renovation, capital appreciation, and long-term portfolio growth. Buyers to verify all listing info, zoning, permits, and potential development rules with LA County. Do not disturb tenants.

Listing agent (MLS): Ulises Vega · Listing brokerage (MLS): Keller Williams Realty

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

$689,900

Beds

Beds n/a

Type

Condo

Home Size

12,031 sqft

Baths

Baths n/a

Lot Size

0.28 acres

Year

1923

Status

For Sale

Days on Market

18

$ / Sqft

$57

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Realty