3823 Wisconsin, Los Angeles, CA 90037
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3823 Wisconsin, Los Angeles, CA 90037
3823 Wisconsin, Los Angeles, CA 90037
3823 Wisconsin, Los Angeles, CA 90037
3823 Wisconsin, Los Angeles, CA 90037
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Levon Arzumanyan

Levon Arzumanyan

+1(213) 414-8088
$ 2,100,000
Est. payment /mo
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3823 Wisconsin Los Angeles, CA 90037

8,023 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26193897

HOA Y/N No

Year Built 1961

Lot Size 8,023 Sqft

Property Sub-Type Mixed Use

Property Description

Discover an incredible opportunity with this delightful 8-unit complex, showcasing stunning Mid-Century modern architecture in a highly sought-after area. Ideally situated within walking distance to USC and the Lucas Museum, this property is just a stone's throw from the Expo Center and the Los Angeles Memorial Coliseum. Its prime location makes it exceptionally well-suited for student housing, while the potential for increased rental income is undeniable. The thoughtfully designed unit mix features (7) 2-bedroom, 1-bathroom units and (1) 1-bedroom, 1-bathroom unit, catering to a diverse tenant base. Key updates include copper plumbing, a new electric motor on the security gate, and modern vinyl windows that enhance both security and energy efficiency. The seismic retrofit work has been completed, ensuring peace of mind for future occupants.
Currently, the property offers parking for 8 vehicles, with the potential to expand this capacity or add an ADU. Its desirable LAR3 zoning and TOC Tier 4 designation present exciting development possibilities, allowing for the conceptual addition of up to 18 units "By Right" (subject to city verification).

Don't miss out on this remarkable investment opportunity in one of Los Angeles's most sought-after neighborhoods! Call now to explore the potential of this property and secure your future.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Carport Spaces 3

Pool None

Community Features Biking, Dog Park, Street Lights, Sidewalks

View Y/N No

View None

Roof Type Composition

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Foundation See Remarks

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5037017009

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Contract, Cal Vet Loan, 1031 Exchange, Submit

Listing Terms Cash, Contract, Cal Vet Loan, 1031 Exchange, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Daria Cernavskis Remax Alliance Group 310-990-0720, DRE #02086946

NEARBY SCHOOLS & PROPERTIES

Levon Arzumanyan

Levon Arzumanyan

Director, Estates Division License ID: 01836944

+1(213) 414-8088

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3823 Wisconsin