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939 S Lorena St, Los Angeles, CA, 90023

5beds
3baths
1,822sqft
$865,000
$475price/sqft
$5,824/moest. monthly cost
$232,960/yrincome needed

About This Home

Great investment opportunity or ideal owner-user property! This multi-unit property features three units, including a recently renovated front unit that will be delivered vacant at close of escrow. The property consists of two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each unit is separately metered for water, gas, and electricity, offering added convenience and cost transparency. The layout is well-suited for extended family living or generating rental income. Current rents are below market, presenting strong upside potential for investors. The property will be delivered with tenants in place in two units; the front unit will be vacant. Please do not disturb tenants. Showings by appointment only--contact the listing agent for access. Buyers are advised to conduct their own due diligence regarding tenancy and occupancy options. The seller will not pursue tenant relocation or provide credits for associated costs. Located in an area experiencing significant recent development, this property presents an excellent opportunity for both income generation and long-term growth. Prime Location: Convenient access to major freeways including the 5, 10, 60, 710, and 110. Easy commute to downtown via the newly developed 6th Street Bridge. The surrounding area is experiencing strong growth, with multiple mixed-use developments underway. Additional Notes: Information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and consult with professionals.

Getting Around

86
WalkingVery Walkable
61
TransitGood Transit
52
BikeBikeable

Construction

Condition

  • Property condition: Additions/Alterations,Updated/Remodeled
  • Year built: 1907

Materials

  • Foundation: Raised,Slab
  • Roof: Shingle
  • Construction materials: Stucco,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Bungalow,Craftsman
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Oven
  • Laundry features: None

Bedroom

  • Features: Multi-Level Bedroom

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Beamed Ceilings,Built-in Features,Granite Counters,Laminate Counters,Unfurnished
  • Door features: Panel Doors
  • Window features: Blinds
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Ductless,Wall Furnace
  • Cooling features: Ductless,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,822
  • Total interior livable area: 1,822 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 5188022017
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two,Multi/Split
  • Stories: 2
  • Pool features: None
  • Spa features: None
  • Fencing: Chain Link
  • Has view: Yes
  • View description: City Lights

Lot

  • Lot size: 5,510 sqft
  • Features: Yard

Parking

  • Total spaces: 5
  • Parking features: Concrete,Driveway,Gated,RV Access/Parking,Shared Driveway,On Street,Side By Side