Text your email address to receive our Confidential Offering Memorandum. Amazing Fourplex! (Note: Primary Pic is an A.I. Simulation of exterior remodel, current condition pic in the photos). The property has benefited from substantial capital improvements over time, with most units featuring meaningful interior updates including modernized kitchens, remodeled bathrooms,… Read More upgraded flooring, recessed LED lighting, and efficient mini-split HVAC systems. The remaining improvements present a clear opportunity for a new owner to further enhance value while increasing rental income. Incredible 8.65 CAP Rate possible! Close to everything and just north of trendy Studio City with ideal dinning and shopping amenities without the Studio City Price. Great investment opportunity, Huge upside for improved rents. All units currently month-to-month. Everything major has been recently renewed in all units, including new roof, copper plumbing, electrical, (all units feature recessed LED lights), newer meters, newer flooring in ALL rooms, bathrooms totally redone with newer tube and tile enclosures, Newer AC units, Dual pane on half the units. Some units do need new cabinets. Parking in back of unit with garages. There are no monthly expenses paid by owner, per owner other than property taxes, Tenants cover everything including water. Ready for the Olympics? Read Less
Property listed by Brent Andrew Hawker Broker, Brent Hawker 310-259-7556
Listing Snapshot
Days Online
382
Last Updated
Beds
4
Full Baths
4
Square Ft.
2,890
Lot Size
0.17 Acres
Year Built
1941
MLS Number
225004537
Additional Details
Appliances & Equipment
WaterHeater
Building
Built in 1941, Living area: 2890.0, 3 buildings, 1 storey, Levels: One, Entry location: Ground Level - No Steps
Floors
Laminate
Garage
4 spaces
Laundry
Inside
Lot
0.1734 acres, Paved
Parking
4 total parking spaces, Garage, OneSpace
Sewer
PublicSewer
Taxes
Parcel Number: 2338013023, Zoning: LAR3
Tenant Pays
CableTv, Electricity, Gas, TrashCollection
Utilities
4 separate electric meters, 4 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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