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2922 Glenhurst Ave

3 Unit Apartment Building $1,069,000 ($356,333/Unit) Los Angeles, CA 90039

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Investment Highlights

Minutes from Atwater Village, Silver Lake, Frogtown, Echo Park, Downtown LA
Front Yard

Ample Parking

Executive Summary

Discover a prime investment opportunity at 2922 Glenhurst Ave in Los Angeles, nestled in the desirable Atwater area. This property features a completely remodeled front unit, showcasing a spacious living are, a modern kitchen, and a stylish bathroom. In addition, two rented units provide immediate income, enhancing the property's cash flow from day one. With ample parking available for tenants and a park right next door, great for picnics or kids to play, this location offers both convenience and outdoor enjoyment. Just minutes away from popular local landmarks like the Atwater Village shops and the Los Angeles River, this property is perfectly positioned for a vibrant lifestyle. Don’t miss out on this unique investment opportunity. Potential to convert garage to ADU.

Property Facts

Price	$1,069,000	Building Class	C
Price Per Unit	$356,333	Lot Size	0.13 AC
Sale Type	Investment	Building Size	1,814 SF
No. Units	3	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	1950/2024
Property Subtype	Apartment	Parking Ratio	4.41/1,000 SF
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,069,000
Price Per Unit	$356,333
Sale Type	Investment
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	0.13 AC
Building Size	1,814 SF
No. Stories	1
Year Built/Renovated	1950/2024
Parking Ratio	4.41/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.