Property Details.

Year Built 1969

# of Units 8

Price P/ Unit $307,500

Sq. ft. 6,808 SF

Price p/ Sq. ft. $361

Lot Size 6,808 SF

Zoning LAR4

900 West College Street
Los Angeles, CA 90012

About the Property

Kenny Stevens Team is pleased to present 900 West College Street, an 8-unit multifamily investment asset located in the culturally dynamic and rapidly developing neighborhood of Chinatown. The 8,054 two-story building sits on a 6,808 SF lot and is comprised of(1) 4 Bdrm. and 3.5 Bath Townhouse, (1) 3 Bdrm. and 1.5 Bath unit and(5) 2 Bdrm. and 1 Bath units. Please note, the townhouse currently serves as the owner’s unit and will be delivered vacant upon close of escrow.

The Opportunity

The units offer a significant value-add opportunity to potential investors, as current rents are approximately 39% below market value for nicely remodeled units in the area. Located in a neighborhood that is currently seeing several large-scale developments, 900 West College St. presents investors with the opportunity to acquire an ideal value-add investment with significant financial upside.

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