Los Angeles, CA 90039,2910 Acresite Street
Los Angeles, CA 90039,2910 Acresite Street
Los Angeles, CA 90039,2910 Acresite Street
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Listed by Matthew McPherson • Compass
$2,300,000
Est. payment /mo
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4,898 SqFt
New

2910 Acresite Street Los Angeles, CA 90039

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,898 sqft

Price per Sqft $469

MLS Listing ID CRBB25089239

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1965

Lot Size 10,082 Sqft

Property Sub-Type Other

Property Description

This low maintenance property features an excellent unit mix of one (1) 2 Bed/1.5 Bath townhouse unit and four (4) 3 Bed/2 Bath units with ample parking and an on-site laundry room. An incoming investor can capitalize on over 39% upside in potential gross rent collections in this value-add deal, as rents in the area have continued to skyrocket. The property is on the corner lot of Acresite Street, right next to an entrance to the Los Angeles Riverwalk, where The North Atwater East Bank Riverway Project will transform 2.2 miles of existing asphalt maintenance road into a clearly-marked, multi-use, accessible riverway from the 134 Freeway to Los Feliz Blvd. Future tenants will have ease of accessing this area for exercise and entertainment, significantly boosting the property’s potential for future rents as the area continues to be one of the most rapidly.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Community Facility

Building

Water Public


Bay East AOR and Contra Costa AOR

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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2910 Acresite Street