205 Newland St new

Los Angeles,CA 90042

$ 850000

8 Beds

4 Baths

2197 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,197 sqft

Price per Sqft $386

MLS Listing ID 25517863

Bedrooms 8

Year Built 1923

Lot Size 6,403 Sqft

Property Sub-Type Multi-Family

Property Description

205 Newland St is a well-located four-unit property in the heart of Highland Park, just steps from the vibrant shops, restaurants, and bars along York Blvd and Figueroa St. Comprised of two separate structures, the property offers a desirable unit mix with two spacious 3-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, catering to a wide range of renters. A strong value-add investment, the property presents over 45% potential upside in current rents. Surrounded by lush landscaping, it also features inviting shared outdoor spaces that enhance the living experience for tenants.

Location

State CA

County Los Angeles

Area Highland Park

Zoning LAC4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Driveway

Others

Special Listing Condition Standard

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