Listing Courtesy Of:
Lyon Stahl Investment Real Estate, Inc., 310-425-9838, Sean Namigohar
Local Realty Services Provided By:
Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
Similar Homes
$2,820,000
1934 New England St, Los Angeles, CA 90007
2 Beds
9 Baths
5,531
sq ft
.16
ac
Log In to Reveal Price
$2,820,000
1934 New England St, Los Angeles, CA 90007
Estimation provided by Keller Williams Realty Inc.
2 Beds
9 Baths
5,531
sq ft
.16
ac
Active
For Sale
Property Description
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.
Assessed Value is a combination of the land and additions.
2023
$33,547
(+103.35%)
$2,703,560
Land 1,683,000 +
Additions 1,020,560
2022
$16,497
(+1.36%)
$1,293,820
Land 1,010,360 +
Additions 283,460
2021
$16,276
(+162.69%)
$1,293,820
Land 1,010,360 +
Additions 283,460
2019
$6,196
(+4.43%)
$1,280,000
Land 1,000,000 +
Additions 280,000
2017
$5,933
$426,835
Land 208,015 +
Additions 218,820
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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