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.
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.
Property Details
Price:
$2,300,000
MLS #:
BB25089239
Status:
Active
Baths:
0
Address:
2910 Acresite Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
606atwater
City:
Los Angeles
Listed Date:
Apr 12, 2025
State:
CA
ZIP:
90039
Lot Size:
10,082 sqft / 0.23 acres (approx)
Year Built:
1965
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
Lot 10000-19999 Sqft
Parking Features
Assigned
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address2910 Acresite Street Los Angeles CA
- Area606 – Atwater
- CityLos Angeles
- CountyLos Angeles
- Zip Code90039
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2910 Acresite Street
Los Angeles, CA
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