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$1,695,000
Est. payment /mo
14 Beds
7 Baths
4,576 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,576 sqft
Price per Sqft $370
MLS Listing ID 25515817
Bedrooms 14
HOA Y/N No
Year Built 1927
Lot Size 6,577 Sqft
Property Description
This property is a high-revenue-generating cash cow with a cap rate of over 7%, but yet has an upside in rent making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel, and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers strong and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Gated
Carport Spaces 2
Community Features Gated
Total Parking Spaces 7
Building
Story 2
Entry Level One,Two
Sewer Other
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 6020034012
Security Features Gated Community
Special Listing Condition Standard
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Listed by Meran Solamany • KW Advisors