4
2620 Idell St
Los Angeles, CA 90065
$975,000
For Sale
- 2,208 sq ft
Local Information
About this home
Lyon Stahl is pleased to present 2620 Idell Street, a value-add, 4-unit investment located in an Opportunity Zone within the Cypress Park neighborhood of Los Angeles. Situated on an oversized 7,080 SF lot, 2620 Idell Street is a 2,208 SF apartment building comprised of four one-bedroom/one-bathroom units with below market rents. Zoned LARD1.5 and located within a TOC Tier 3 zone, the large lot is underutilized and presents an opportunity to add additional units in the rear of the property. This property is ideally located near the entrance to both the 110 Freeway and the 5 Freeway, giving tenants quick access to all Greater Los Angeles. The central location in Cypress Park allows tenants to easily enjoy many of the main attractions of Los Angeles such as Dodger Stadium, Downtown Los Angeles, Echo Park, the University of Southern California, and the Westside of Los Angeles. 2620 Idell Street offers an amazing opportunity for an astute investor or owner-user to implement a value-add program to capture the rental upside. Additionally, being within an Opportunity Zone and a TOC Tier 3 zone of Los Angeles, 2620 Idell Street offers an investor the ability to build additional units and take advantage of the Opportunity Zone tax advantages and TOC density bonuses. Located in one of the m
Home Highlights
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None
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$138
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9 months ago
Home Details for 2620, Idell St
Interior Features
Interior Features
- Laundry: Common Area
Appliances & Utilities
- Utilities: Other Water/Sewer
Exterior Features
Parking & Garage
- Garage: No Garage
Pool & Views
- Private Pool: No Private Pool
Water & Sewer
- Water Source: Public
Property Information
Property Information
- Lot Size (sq ft): 7,080
Property Type & Style
- Type: Residential Income
- Subtype: Quadruplex
Year Built
- Year: 1917
Location
- Directions: Located off of Idell and W Avenue 26
Listing Attribution
- Agent Name: Lorraine Tan
- Brokerage: Lyon Stahl Investment Real Estate, Inc.
- Contact: 909-618-2352
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