REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,175,000
Est. payment | /mo
9 Beds
6 Baths
$ 1,175,000
Est. payment | /mo
9 Beds
6 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25117532
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
DREAM VALUE ADD INVESTMENT OPPORTUNITY ADJACENT TO USC This stunning fourplex offers 3,770 sq. ft of living area. All units are currently occupied generating over $8,000 a month with room to increase market rents. The four plex offers a desirable mix floor plan of (2) 3BR/2BA, (1) 2BR/1BA & (1) 1BR/1BA. This mix allows for a wide selection of tenants to choose from. With a one of the highest cap rates in the area at 6.8% (with room to approve up to 8.5%^) this multifamily is a no brainer for first time investors or seasoned. This building is being sold AS-IS with long term tenants all ready in place. All units have their own separate gas meters. The property sits on 5,466 SQFT lot and includes 8 parking spots that could be converted to hold additional units. This property as well qualifies for a $50,000 grant from Citiy national bank. Call for more information Seller is motivated to sell bring all offers.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 34.01511 N, 118.30476 W
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5036012027
Listed by Chinonso Ugochukwu Revel Real Estate
GET MORE INFORMATION
Coronado Premier Properties
Broker Associate | Lic# 01976606