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205 Newland ST Los Angeles, CA 90042
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Key Details
Sold Price $925,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,197 sqft
Price per Sqft $421
MLS Listing ID 25517863
Bedrooms 8
Year Built 1923
Lot Size 6,403 Sqft
Property Description
205 Newland St is a well-located four-unit property in the heart of Highland Park, just steps from the vibrant shops, restaurants, and bars along York Blvd and Figueroa St. Comprised of two separate structures, the property offers a desirable unit mix with two spacious 3-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, catering to a wide range of renters. A strong value-add investment, the property presents over 45% potential upside in current rents. Surrounded by lush landscaping, it also features inviting shared outdoor spaces that enhance the living experience for tenants.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LAC4
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Driveway
Building
New Construction No
Others
Special Listing Condition Standard
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Bought with Bobbi Hernandez • RE/MAX MASTERS REALTY