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501 S Lorena Street

Los Angeles (City), CA 90063
  • $899,999
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 23296107
$899,999
  • 6
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,048
    SQFT
  • $439
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

Listing Agent(s): Walky Vibert of Keller Williams Beverly Hills (310-432-6400)


Description

Welcome to 501 S Lorena St, a fantastic house hacking opportunity in the heart of Los Angeles, CA. This property presents an exciting chance to leverage your investment and live smartly in one of the most vibrant cities in the world. The property is currently fully occupied with a vacant unit becoming available after 8/20/23. House hacking at 501 S Lorena St is a strategic move that can make homeownership more affordable and accelerate your financial goals. Imagine living in one unit while your tenants' rent contributes to your mortgage, creating a pathway to building long-term wealth. Situated in a sought-after area, this property offers easy access to major highways, public transportation, schools, parks, and shopping centers. Seller has another triplex from their portfolio that is on the market: APN: 5056-026-024 MLS#: 23-286531

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142002418
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501 S Lorena Street Los Angeles (City), CA 90063

  • Price: $899,999
  • Status: Active
  • On Site: 52 Days
  • MLS #: 23296107
6
Beds
0
Baths
0
½ Baths
0.1
Acres
2,048
SQFT
$439
$/SQFT
1906
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Welcome to 501 S Lorena St, a fantastic house hacking opportunity in the heart of Los Angeles, CA. This property presents an exciting chance to leverage your investment and live smartly in one of the most vibrant cities in the world. The property is currently fully occupied with a vacant unit becoming available after 8/20/23. House hacking at 501 S Lorena St is a strategic move that can make homeownership more affordable and accelerate your financial goals. Imagine living in one unit while your tenants' rent contributes to your mortgage, creating a pathway to building long-term wealth. Situated in a sought-after area, this property offers easy access to major highways, public transportation, schools, parks, and shopping centers. Seller has another triplex from their portfolio that is on the market: APN: 5056-026-024 MLS#: 23-286531
Exterior Features

Parking Features Shared DrivewayOn Street Parking Total 0 View City Lights View YN Yes

Property Features

Association YN No Buyer Financing CashConventionalCal Vet LoanFha Community Features Gated Disclosures Covenants/Restrictions Disclosure Gross Income 68520 Laundry Features See Remarks Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 54816 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Walky Vibert of Keller Williams Beverly Hills (310-432-6400)