Sold
1980 Chickasaw Ave
Los Angeles CA, 90041
$2,900,000
$402.50 per sqft
Sold
13 Beds
7,205 sqft
Residential
Built in 1969
** 3 OUT Of 9 DELIVERED VACANT ** | 11.95 GRM & 5.41% Cap Rate | We are pleased to present for sale Eagle Rock 9, a once in a life-time opportunity to acquire, arguably, the most unique multi-family investment centered in the heart of Eagle Rock, one of LA's most prized and eclectic sub-markets. The Eagle Rock 9 sits on over 2 Acres of land and is comprised of a total of 9 Units, 3 of which will be DELIVERED VACANT for immediate renovation and upside. The 9 units are spread over the sprawling land with a garden and pool for tenants to enjoy as well as plenty of parking availability. Sitting atop a high point in Eagle Rock the 4 Bedroom & 2 Bathroom VACANT house offers impeccable views, patio space, and a tranquil place to call home. This opportunity presents itself to an astute investor looking to renovate and add value to the units currently operating below market level OR an opportunity for future development considering a total land size of over 2 acres - buyer to verify.
20-642704
MLSⓇ ID
October 6, 2020
Listed
March 18, 2024
Updated
Map
1980 Chickasaw Ave
Los Angeles CA, 90041
Interior Features
Total Stories
0
Bedrooms
13
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
2.04 Acres
Lot Features
2-4 Lots
Other Property Details
Area Name
Eagle Rock
Days on Market
202
Garage
No
Parking
Carport
Parking Total
9
View
Yes
View Description
Hills, City, City Lights
County
Los Angeles
Pool
No
Pool Features
Community
Zoning
LAR1
Listed by Eric Dilanian with Remax Commercial and Investment Realty
Listing Contact: 213-817-1000
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/18/2024
