142 S Savannah Street, Los Angeles, CA 90033
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Listed Price :
$700,000
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Beds :
8
-
Baths :
4
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Property Size :
2,656 sqft
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Year Built :
1959
Property Description
OFFER DEADLINE WAS 8/15/24 AT 5:00 PM. 20+ OFFERS HAVE BEEN RECEIVED, AND THE SELLER IS ISSUING A SMCO .Investment Opportunity! 142 S Savannah St is a fourplex in Boyle Heights. Built in 1959, this two-story building encompasses 2,656 SF and is situated on a 5,199 SF lot with space for potential ADU(s). The unit mix consists of (4) 2 bed + 1 bath units, approximately 664 SF each. 142 S. Savannah St provides the opportunity for an Owner/User who would live in the vacant unit and use the rent from the tenants to offset their mortgage or a value-added operator who would employ CAPEX to renovate the vacant unit and construct ADUs to stabilize the property for a higher rate of return.Located in vibrant Boyle Heights, just west of downtown Los Angeles, the property is ideally situated near renowned schools. It's just 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus, and a short drive from East Los Angeles College, offering convenience for student tenants.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Flooring Information |
| Material |
Tile |
Listing Information
| Address |
142 S Savannah Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90033 |
| County |
Los Angeles |
| Listing Agent |
David Weinberger DRE #01349349 |
| Co-Listing Agent |
Megan Husri DRE #02089901 |
| Courtesy Of |
Keller Williams Studio City |
| List Price |
$700,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
2,656 |
| Lot Size |
5,199 |
| Year Built |
1959 |
Listing information courtesy of: David Weinberger, Megan Husri, Keller Williams Studio City. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 19th, 2024 at 11:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
