FSBO
FSBO - For Sale
$1,775,000
For Sale by Owner
$436/sq ft Listed 1 month ago
8BR Multi-Family for Sale in Los Angeles, CA
637 S McDonnell Ave, Los Angeles, CA 90022
8 Beds
11 Bath
4,072 sq ft
Built 1927
PropSlick Verified Data
Key facts & insights for this exact address
$436
Price / sq ft
1927
Year Built
6,943 sf
Lot Size
Los Angeles
County
Key Facts
Property TypeMulti-Family
Year Built1927
Square Footage4,072 sq ft
Lot Size6,943 sq ft
Price / SqFt$436
Property Description
Situated in the heart of East Los Angeles, this well-located multifamily investment presents an attractive combination of tenant appeal, convenience, and future upside. The property features an attractive unit mix of (1) 2 bd + 1 ba, (6) 1 bd + 1 ba, and (4) studios, providing a diverse mix of rental options suited to a broad tenant base. The property's mostly single-story construction offers a practical advantage for ownership, providing easier maintenance and an appealing living environment for prospective tenants.In addition to its existing income stream, the property offers potential for increased rental income and future ADU development, providing an investor with multiple avenues to enhance value and maximize the property's income-producing potential, subject to applicable zoning and permitting requirements. Plans for two ADUs were previously approved.Location further strengthens the investment profile. Residents are within walking distance of the Metro Gold Line Station, providing convenient access to public transportation and connectivity throughout Los Angeles. The property is also near the East Los Angeles Civic Center, offering access to community events, entertainment, recreational opportunities, and local services. Nearby Whittier Boulevard provides an established mix of shopping, dining, and everyday conveniences.For commuters, the property offers convenient access to the 710, 10, and 5 Freeways, providing efficient connectivity to Downtown Los Angeles, surrounding employment centers, and major destinations throughout the region.
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Air Conditioning
Heating
Property Location
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Property Research
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