Introducing this amazing 4 unit multifamily property in turnkey condition in the South Park neighborhood of Los Angeles. Two buildings sit on the lot which are comprised of two duplexes: 'structure one' is completely brand-new construction and 'structure two' is a meticulously studs up renovation. The front structure… Read More underwent a complete overhaul and now consists of two modern 2 bd + 1 ba units. The rear structure is brand new construction with a mix of one 2 bd + 1 ba and one 1 bd + 1 ba ADUs. All units are separately metered for all utilities (water sub-metering) and include open floor plans, modern kitchens, air conditioning and hard wood flooring. Its central location provides investors an extensive tenant pool. USC is a short 3 mile drive, Downtown LA is minutes to the North and access to the 110 Freeway is less than a mile away. Read Less
Property listed by Remax Commercial and Investment Realty, Enrique Viramontes 213-817-1000
Listing Snapshot
Days Online
259
Last Updated
Property Type
Other
Beds
7
Square Ft.
2,219
Lot Size
0.12 Acres
Year Built
2024
MLS Number
24377657
30 Days Snapshot Of 90011
$500k
-17%
(avg) sold price
1
-87%
home sold
47
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2024, Building area total: 2,219, Levels: One, Living area: 2219, 1 story, 2 buildings
Heating
WallFurnace
Income
Gross income: $137,220, Net operating income: $104,431
Lot
0.1169 acres, 5,093 square feet, Size: 5,093
Parking
Driveway
Property
Zoning: LAR2
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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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