CA > Los Angeles
Los Angeles, CA 90007,1934 New England ST
Los Angeles, CA 90007,1934 New England ST
Los Angeles, CA 90007,1934 New England ST
Los Angeles, CA 90007,1934 New England ST
Los Angeles, CA 90007,1934 New England ST
Los Angeles, CA 90007,1934 New England ST
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 2,525,000
Est. payment | /mo

2 Beds

9 Baths

5,531 SqFt

Save
$ 2,525,000
Est. payment | /mo
Save

2 Beds

9 Baths

5,531 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,531 sqft

Price per Sqft $456

MLS Listing ID 25498607

Bedrooms 2

HOA Y/N No

Year Built 1905

Lot Size 7,000 Sqft

Property Description

$295,000 PRICE REDUCTION! We're proud to present 1934 New England Street, a remodeled 9-unit building in the heart of the Pico-Union submarket in Los Angeles, situated just outside of Downtown LA and West Adams. The property presents a high cash-flowing investment opportunity, and also has the option to obtain with highly desired assumable financing, with the existing loan interest rate fixed at 3.4% until August 2026. The property features a spacious and turn-key two-bedroom, two-bathroom single-family home on the lot, along with 8 other multi-family units. The building has been thoughtfully renovated to meet modern standards, making it an attractive opportunity for an investor to acquire a high yield opportunity on day one. The renovated units boast high-end finishes, designed with contemporary living in mind, with units featuring open floor plans that maximize space, custom cabinetry, stainless steel appliances, and designer lighting. The property is secured with gated access for added privacy, while on-site laundry facilities provide convenience for residents. Additionally, recent upgrades, including a new roof and new sewer lines, enhance the longevity and value of investment. Located in the desirable and rapidly growing Pico-Union neighborhood, this property offers central and convenient access to surrounding areas such as West Adams, Koreatown, and Downtown Los Angeles. It is just minutes away from major attractions like Crypto.com Arena, LA Live, and a dynamic array of new and expanding retail shops. With the neighborhood experiencing continuous growth, strong employment opportunities, and an abundance of transit options, this property is ideally positioned for long-term appreciation and steady rental demand.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Appliance Dishwasher, Microwave, Dryer, Washer

Exterior

Parking Features None

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5056026017

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Sean Namigohar • Lyon Stahl Investment Real Estate, Inc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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1934 New England ST