Andy Watkins
3103836239  |  01478668
Just Listed
2801 Vineyard Ave
Los Angeles, CA
4,578 SQ FT

Property Details

Price: $1,395,000
MLS #: 21-758796
Bedrooms: 4
Bathrooms: 4
Square Feet: 4,578
Year Built: 1924
Lot Size: 6498
Classic 4-plex in West Adams Arts District, the hottest real estate secret in Los Angeles. Invest in the up-and-coming area now, and watch the neighborhood continue to flourish...and your investment grow! Massive upside in rents. Two (2) ground floor units will be delivered vacant. Two (2) upper units delivered with tenants in place. All units are over 1000 sqft each. Lots of character and potential to convert to 2bd units. Solar recently installed to reduce utility costs. Rear of property has four 1-car garages that offer an easy build opportunity for a 5th ADU unit. Additional features include: property zoned R2, located in Los Angeles state enterprise zone, and TOC Tier 3 for even more future property development potential. Walk to soon-to-open Crenshaw Expo Line or many hip restaurants, galleries and boutique shops opening soon on Adams Blvd. Easy commute to DTLA, Hollywood, LAX, and Santa Monica. Bike to Cumulus project or Culver City. This is a great property in a centrally located area with lots of upside development options. Lock in your investment today before this popular area is yesterday's news to everyone else. You wont be disappointed!
Andy Watkins
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