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5076 Pickford St, Los Angeles, CA, 90019

7beds
5baths
4,405sqft
$1,500,000
$341price/sqft
$9,647/moest. monthly cost
$385,880/yrincome needed

About This Home

We are pleased to offer for sale a five-unit apartment community located at 5076 Pickford Street. The subject property is located south of Venice Boulevard and north of Washington Boulevard. The property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery stores, gyms, and entertainment choices in Mid-City, Miracle Mile, West Adams, & Koreatown. This provides residents with convenient access to employment centers, retail and entertainment in the immediate area. Situated on a 6,129 square foot parcel, the property is comprised of three one-bedroom units and two two-bedroom units. The property has 15.44% remaining rental upside through unit renovations along with on-site garages being individually rented for additional income. 5076 Pickford Street offers investors an opportunity to acquire an asset in a sought-after in-fill submarket in Los Angeles. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate in order to achieve superior market rents moving forward, makes 5076 Pickford Street an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

Getting Around

84
WalkingVery Walkable
58
TransitGood Transit
77
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1949

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 4,405
  • Total interior livable area: 4,405 sqft

Property

Details

  • Zoning: LARD1.5
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 6,128 sqft

Parking

  • Total spaces: 5
  • Parking features: Garage
  • Has garage: Yes