800 New Depot Street, Los Angeles, CA

$1,348,800

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8

Beds

5

Baths

0.12

Acres

About 800 New Depot Street

Investment Opportunity in Chinatown Fourplex with Endless Potential! Located just minutes from Downtown LA. This versatile fourplex is nestled in the heart of Chinatown, offering endless investment potential with proximity to some of the city's top destinations like Dodger Stadium, Union Station, Little Tokyo, and Crypto Arena. With quick access to the 110 and 101 freeways, this property is perfect for those looking for convenience and connectivity. Each of the four condo-style units provides privacy for tenants. Three of the 4 units are ready for new ownership to set rental rates to market value. Unit Layouts show: MAIN UNIT #1 comes with spacious 3 bedrooms and 2 bathrooms, featuring a large living room and kitchen ideal for families or shared living. UNIT#2 & #3, each offers 2 bedrooms and 1 bathroom, along with a generously sized living room and kitchen, perfect for roommates or small families. UNIT 2A provides 1 bedroom and 1 bathroom with a well-sized living room and kitchen, catering to singles or couples. The property also includes a large three-car garage, a substantial basement for additional storage or potential enhancements, and a convenient coin-operated laundry room that adds to the appeal for tenants. This fourplex offers endless possibilities for investors to maximize rental income in a high-demand area of Los Angeles. Dont miss out on this rare opportunity to own a multi-family property with strong growth potential in a vibrant, well diverse and dynamic neighborhood!

Features of 800 New Depot Street

MLS® # RS24234276
Price $1,348,800
Bedrooms 8
Bathrooms 5.00
Acres 0.12
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 800 New Depot Street
Area LOS ANGELES (90012)
City Los Angeles
County Los Angeles
State CA
Zip Code 90012

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Wall/Window
Fireplace Yes
Stories 1 Story

Additional Information

Date Listed November 14th, 2024
Days on Market 43
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeC-21 Astro

Listing Map

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