Description
Welcome to this West Adams Jewel with Unlimited Development Potential! This exceptional and fully occupied one level 8-unit building that used to be a MOTEL is a golden opportunity for investors and developers seeking a strategic location, or end users looking to invest in a multi-unit. There are seven well sized singles and one 1 bed units all with their separate kitchens and bathrooms. These units are in great condition and located on a corner lot in a mixed-use zone. There is parking directly in front of the building and yard space behind. One of the standout features of this property is its close proximity to eateries, development including the new COSTCO, the light rail public transportation and more. This building is perfectly located on the corner of Sycamore and Jefferson in the Archbishop Carl Bean Square, offering potential occupants easy commute access. There is room for growth in the rent and great potential returns on investment. More photos available. DO NOT DISTURB OCCUPANTS! Drive by only Pro Forma rent available and lots of added value for the buyer. This can be turned into a world of development possibilities including Airbnb etc as it is Tier 3 and zoned CM-2D-CPIO. Additional details and info available upon request. Buyers to do their due diligence and verify all info. Other addresses to look up this property 5163 W Jefferson, 3029 S Sycamore or 3039 S Sycamore
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8BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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2,886SQFT
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$433$/SQFT
School Ratings & Info
Description
Welcome to this West Adams Jewel with Unlimited Development Potential! This exceptional and fully occupied one level 8-unit building that used to be a MOTEL is a golden opportunity for investors and developers seeking a strategic location, or end users looking to invest in a multi-unit. There are seven well sized singles and one 1 bed units all with their separate kitchens and bathrooms. These units are in great condition and located on a corner lot in a mixed-use zone. There is parking directly in front of the building and yard space behind. One of the standout features of this property is its close proximity to eateries, development including the new COSTCO, the light rail public transportation and more. This building is perfectly located on the corner of Sycamore and Jefferson in the Archbishop Carl Bean Square, offering potential occupants easy commute access. There is room for growth in the rent and great potential returns on investment. More photos available. DO NOT DISTURB OCCUPANTS! Drive by only Pro Forma rent available and lots of added value for the buyer. This can be turned into a world of development possibilities including Airbnb etc as it is Tier 3 and zoned CM-2D-CPIO. Additional details and info available upon request. Buyers to do their due diligence and verify all info. Other addresses to look up this property 5163 W Jefferson, 3029 S Sycamore or 3039 S Sycamore
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.