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$749,000

Est. payment - /mo

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7,758 Sqft Lot

Active

3946 E 6th ST Los Angeles, CA 90023

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The Brandon Drew Group

financing@tbdgmortgagefirm.com +1(909) 944-8800

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25149201

Construction Status Additions/Alterations,Building Permit,Fixer

HOA Y/N No

Year Built 1916

Lot Size 7,758 Sqft

Lot Dimensions Public Records

Property Sub-Type Duplex

Property Description

Investor REO Opportunity in Prime Location. 3 Bed, 1 Bath 967 Sqft home in front. 8 bedroom, 4 bathroom, 2930 Sqft unit in the rear. Per EPIC LA records, the 8 Bedroom rear unit (3948 E 6th) appears to have passed plan review in March 2023 but other approvals and permits may be incomplete. Buyers and Brokers strongly advised to verify status of all permits with the local building departments to satisfy themselves. While further due diligence is required, the high bed count rear unit may be suitable for Single Room Occupancy (SRO) housing, group home, or other creative rental use. This could represent a strong opportunity for an investor seeking cash flow through city programs or shared housing strategies. At present moment the property is being sold without interior access, with the occupants in place, and will require all cash or hard/private money financing. Contact us today to explore this intriguing investment.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LCR4YY

Rooms

Other Rooms Two On A Lot

Interior

Heating See Remarks

Cooling See Remarks

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Urban

Utilities Available Sewer Connected

Roof Type Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

Additional Building Two On A Lot

New Construction No

Construction Status Additions/Alterations,Building Permit,Fixer

Others

Senior Community No

Tax ID 5238016015

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Real Estate Owned

Listed by Max James-Armand Electric Estates 310-654-4261

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