5076 Pickford St, Los Angeles, CA 90019
5076 Pickford St, Los Angeles, CA 90019
5076 Pickford St, Los Angeles, CA 90019
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$1,500,000
Est. payment /mo
7 Beds
5 Baths
4,405 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,405 sqft

Price per Sqft $340

MLS Listing ID 26798073

Bedrooms 7

Year Built 1949

Lot Size 6,129 Sqft

Acres 0.1407

Property Sub-Type Multi-Family

Property Description

We are pleased to offer for sale a five-unit apartment community located at 5076 Pickford Street. The subject property is located south of Venice Boulevard and north of Washington Boulevard. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 6,129 square foot parcel, the property is comprised of three one-bedroom units and two two-bedroom units. The property has 15.44% remaining rental upside through unit renovations along with on-site garages being individually rented for additional income. 5076 Pickford Street offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 5076 Pickford Street an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Garage

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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