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For Sale

$729,000

5,510 sqft$132/sqft194 days on market

939 S Lorena Street

Los Angeles, CA 90023

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,510

Square feet

1907

Built

Listing narrative

Description

Major Price Improvement! 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. The main front house can be easily converted back to a 3 bed 2 bath home. 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.

Listing agent (MLS): Daniel Brooks · Listing brokerage (MLS): RE/MAX Gold Coast REALTORS

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

$729,000

Beds

Beds n/a

Type

Multi-Family

Home Size

5,510 sqft

Baths

Baths n/a

Lot Size

0.13 acres

Year

1907

Neighborhood

Not Applicable

Status

For Sale

Days on Market

194

$ / Sqft

$132

· 8% down, 7% APR, 30yr fixed
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Courtesy of RE/MAX Gold Coast REALTORS