This low maintenance property features an excellent unit mix of one (1) 2 Bed/1.5 Bath townhouse unit and four (4) 3 Bed/2 Bath units with ample parking and an on-site laundry room. An incoming investor can capitalize on over 39% upside in potential gross rent collections in this value-add deal, as rents in the area have continued to skyrocket. The property is on the corner lot of Acresite Street, right next to an entrance to the Los Angeles Riverwalk, where The North Atwater East Bank Riverway Project will transform 2.2 miles of existing asphalt maintenance road into a clearly-marked, multi-use, accessible riverway from the 134 Freeway to Los Feliz Blvd. Future tenants will have ease of accessing this area for exercise and entertainment, significantly boosting the property’s potential for future rents as the area continues to be one of the most rapidly.
MLS #
CRBB25089239
MLS Source
California Regional MLS
Days on Site
32
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 5 | – |
2910 Acresite St is a Residential Income in Los Angeles, CA 90039. This – square foot property sits on a 10,082 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,300,000 and was built in 1965.
This address can also be written as 2910 Acresite St, Los Angeles, CA 90039.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 24, 2025. For the most current information, please contact Matthew McPherson