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    Armen Bagdasarian
    (909) 437-7109armenb@chrisarmenre.com
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    (909) 367-9640lucyv@chrisarmenre.com
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    • 8439 White Oak Ave Ste 102
      Rancho Cucamonga, California 91730

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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      $1,249,000
      Off Market

      2677 Roseview Avenue

      Los Angeles, CA 90065
      0.15 acres | #DW25076812
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      Listing OfficeNEXT Brokerage
      Type:Multi-Family
      Structure:3 Family
      Zone:Residential

      Description

      Endless Potential in Cypress Park: 3-Unit Fixer-Upper with Tremendous Upside. Located in the heart of the fast-growing Cypress Park neighborhood of North East Los Angeles (NELA), this 3-unit property offers a unique opportunity to create a custom multi-family investment or personal residence in one of LA’s most exciting and dynamic areas. Nestled in the 90065 zip code, this property is just minutes away from thriving communities like Highland Park, Glassell Park, and Mount Washington—neighborhoods that have experienced remarkable appreciation over the last decade. With neighboring properties already undergoing redevelopment, now is the perfect time to invest in this area before prices continue to rise. The property consists of two side-by-side 1-bedroom, 1-bathroom units in the front building, along with a 3-bedroom, 2-bathroom home at the rear. While this property is currently in need of significant updates, these challenges present an exciting opportunity for buyers with vision. With a little creativity and investment, this property can be transformed into a highly profitable multi-family asset or a comfortable, income-generating home. The front building’s two 1-bedroom units offer the potential for a thoughtful redesign and modernization. Whether you choose to open up the floor plans for a more open-concept feel or update the units with contemporary finishes, these spaces offer a solid foundation for creating stylish and highly desirable rentals. The rear 3-bedroom, 2-bathroom home also presents a blank canvas. What truly sets this property apart is the incredible opportunity it presents for a savvy homeowner. The property can be upgraded over time, with the front units generating rental income to help offset renovation costs. This flexible option allows for phased improvements, enabling you to maximize the property’s potential while maintaining cash flow. The growing demand for rental properties in NELA makes this an attractive choice for a long-term investment strategy, with the possibility of creating a beautiful, income-generating property that appreciates in value as the neighborhood continues its transformation. Cypress Park is experiencing a revitalization, and this property offers a front-row seat to the future growth of the area. With increasing demand for housing and surrounding neighborhoods experiencing substantial price increases, the time to invest is now.

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      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Yesterday at 11:29 PM. Source: CRMLS

      Provided By
      Listing Agent: Jimmy Mercado (#DWMERJAI)
      Listing Office: NEXT Brokerage (#DWALW)

      Lucy & ArmenReal Estate Group
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