3674 Empire Dr, Los Angeles, CA, 90034

USD 2,400,000
For Sale

Property Details

Bedrooms

10

Bathrooms

12

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 10 • Bathrooms: 12 • Square Feet: 6488 • Lot/Size: 9,282 sqft lot

Description: 3674 Empire Drive is a well-maintained 10-unit multifamily property located in the highly desirable Palms neighborhood of Los Angeles. Built in 1961, 3674 Empire Dr is a Trust Sale being offered for the first time in 50 years. The property encompasses approximately 6,488 square feet of living space on a 9,279 SF lot and features a diverse unit mix of (4) 2BR/1.5BA, (2) 1BR/1BA units, and (4) bachelor units. One bachelor unit is currently vacant, offering immediate repositioning and leasing at market rate. Current rents remain approximately 32% below market, presenting a compelling value-add opportunity in a tight rental market. Ownership has completed numerous capital improvements in recent

Location

Address

3674 Empire Dr, Los Angeles, CA, 90034

City

Los Angeles

Features and Finishes

Year Built: 1961; [object Object]; [object Object]; [object Object]

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