2910 Acresite Street, Los Angeles, CA 90039

$2,100,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,100,000
Status
ACTIVE
MLS#
BB26215221
Year Built
1965
Lot Size
10,082
Acres
0.23
Days on Market
1
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

Spacious units, substantial upgrades, and a standout Atwater Village location make 2910 Acresite Street an exciting opportunity to start or expand your investment portfolio. Positioned on a prominent corner lot beside an entrance to the Los Angeles Riverwalk, this five-unit property offers river views and an established rental base—with a recent retrofit and SB 721 compliance for exterior elevated elements (EEE) adding to its appeal. The property features approximately 4,898 square feet across two buildings on a 10,082-square-foot lot. Its desirable unit mix includes four 3-bedroom, 2-bath apartments and one 2-bedroom, 1.5-bath townhouse. All five units are occupied, and residents benefit from ten assigned parking spaces, an on-site laundry room, and separately metered gas and electricity. Significant improvements include new electrical panels in each unit, an updated main electrical panel, fresh exterior paint, and updated dual-pane windows in the front units. Two residences also feature updated kitchens, bathrooms, and flooring. Together with the recent retrofit and EEE compliance, these improvements give the next owner a strong starting point, with opportunities to further enhance the property over time. With Riverwalk access right next door, residents can enjoy outdoor recreation just steps from home. Generously sized residences, practical amenities, and substantial completed improvements make 2910 Acresite Street a compelling investment opportunity in Atwater Village.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$144,035
Operating Expense
18550

Listing courtesy of Listing Agent: Matthew McPherson (matt.mcpherson@compass.com) from Listing Office: Compass.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.