1934 New England Street
Los Angeles, CA 90007
- – beds
- – baths
- – sqft
- 7,002 sqft lot
- 1905 build
- – on site
We're proud to present 1934 New England Street, a remodeled 9-unit building in the heart of the Pico-Union submarket in Los Angeles, situated just outside of Downtown LA and West Adams. The property presents a high cash-flowing investment opportunity, and also has the option to obtain with highly desired assumable financing, with the existing loan interest rate fixed at 3.4% until August 2026. The property features a spacious and turn-key two-bedroom, two-bathroom single-family home on the lot, along with 8 other multi-family units. The building has been thoughtfully renovated to meet modern standards, making it an attractive opportunity for an investor to acquire a high yield opportunity on day one. The renovated units boast high-end finishes, designed with contemporary living in mind, with units featuring open floor plans that maximize space, custom cabinetry, stainless steel appliances, and designer lighting. The property is secured with gated access for added privacy, while on-site laundry facilities provide convenience for residents. Additionally, recent upgrades, including a new roof and new sewer lines, enhance the longevity and value of investment. Located in the desirable and rapidly growing Pico-Union neighborhood, this property offers central and convenient access to surrounding areas such as West Adams, Koreatown, and Downtown Los Angeles. It is just minutes away from major attractions like Crypto.com Arena, LA Live, and a dynamic array of new and expanding retail shops. With the neighborhood experiencing continuous growth, strong employment opportunities, and an abundance of transit options, this property is ideally positioned for long-term appreciation and steady rental demand.
Last checked:
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Last updated Feb 14, 2025
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MLS# 25498607 —
The Building
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Year Built:1905
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New Construction:No
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Building Area Total:5531.00
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Total Number Of Units:9
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# of Buildings:2
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Multi/Split
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Laundry:Washer Included, Dryer Included
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Laundry:1
Location
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Directions:Please contact listing agent for tours. Sean Nami (310) 279-7779
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Latitude:34.03894200
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Longitude:-118.28728000
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:7002.0000
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Lot Size Acres:0.1607
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Lot Size SqFt:7002.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5056026017
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Appliances:Dishwasher, Microwave
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/14/25
Feb 14, 2025
|
Listed / Active | CRMLS_CA | $2,820,000 |
