927 Centennial ST

LOS ANGELES, CA, 90012

$1,988,000

$321 per ft²
$1,988,000
$321 per ft²
Active
Active
 - For Sale
beds
14 Beds
baths
13 Baths
carpenters-square
6,176 ft²
property_type
Multi-family
calendar
Built 1973
We are pleased to present the rare opportunity to acquire a 6 unit multifamily property located in one of LA's prime Chinatown neighborhood, adjacent to Echo Park, Angelino Heights and just north of DTLA with beautiful Downtown skyline views. Property in this neighborhood rarely comes on the market. This well-maintained 6-unit complex totals 6,167 SF and is situated on a 6,982 SF ZONE R3 LOT. Property offers an attractive unit mix of FOUR (4) spacious 2- bedroom 2-bath units, ONE (1) 2-bedroom 1-bath unit and an enormous Owner s Townhouse style unit located at the front of the property. Owner s unit appears over 2,000 SF sprawled over 2 levels and features 4 large bedrooms, 4 bathrooms, a spacious family room and kitchen, it s very own private balcony with DTLA city views. Additionally, there is a finish 1 bedroom, 1 bathroom basement that can potentially be converted to an ADU, thus making this a 7th rental unit. Property is gated for security and privacy and has on-site laundry facility and offers 9 on-site parking consisting of 5 carport spaces with alley access, 2 attached garage with 2 onsite parking spaces located at the front. Each unit has it s own water heater and is separately metered for both electric and gas. Excellent location just minutes to Dodger Stadium, LA State Historic Park, Elysian Park, Metro Gold line Union Station, 101 and 110 fwys. This property provides an investor with not only a value-add opportunity with tremendous rental upside, but also a rare opportunity to acquire a property in a desirable strong rental market with minimal available inventory.
MLS® ID:
AR22007011MR
Listed:
1/12/22
Updated:
10/2/22

Interior Features

Total Bedrooms
14
Total Bathrooms
13
Laundry Description
Community, Dryer, Dryer Included, Room, Washer, Washer Included

Exterior/Building Features

Lot Size
6,982 ft² lot
Sewer
Public Sewer

Other Property Details

Garage
Yes
Garage Spaces
2
Parking
Assigned, Garage, Garage - 2 Car, Gated, Parking Space
Parking Total
9.0
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
LAR3

 

Courtesy of Hoeng Yik, Real Estates Unlimited

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor OMNI Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/2/22

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