First time on the market! Rare 21-unit, condo-quality investment in Mission Hills. Massive upside potential: current rents are ~ $1,000 below market per unit. 16 garages could be converted to additional units (subject to approvals), or the building can be fully renovated and repositioned for market rents. Tenants enjoy gated access, 15 open parking spaces, 16 garages, central AC/heat, private balconies/patios, 20 working fireplaces, elevator access, on-site laundry, and four community BBQ decks. Prime location at the end of Goldfinch Street in the heart of Mission Hills—strong rental demand, excellent long-term appreciation, and an immediate opportunity for a value-add investor to maximize income.
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Listing Snapshot
Price
$10,500,000
Days On Site
29 Days
Bedrooms
29
Inside Area (SqFt)
15,620 sqft
Total Baths
4
Full Baths
25
Partial Baths
N/A
Lot Size
0.46 Acres
Year Built
N/A
MLS® Number
260006443
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS®
4 weeks ago
Listing first seen on site
General Features
Parking
Garage
Parking Spaces
31
SqFt Total
15620
Zoning
RM-3-7
Interior Features
Cooling
Central Air
Interior
Elevator
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Exterior Features
Fencing
PartialWood
Lot Features
Landscaped
Roof
CompositionTile
Community Features
Financing Terms Available
Cash
MLS Area
Metro Uptown
Listed by Mark A Morgan of South Coast Commercial, Inc. (619) 300-9070