Discover a strong cash-flowing asset in the heart of South Los Angeles. This five-unit apartment complex delivers a 7% cap rate and comes fully leased, offering immediate, stable income from day one. Each unit has been thoughtfully maintained with steady tenants, and low historical vacancy. Three of the units have… Read More been recently renovated. The property features a mix of 2- and 3-bedroom layouts, covered parking, and on-site laundry for added convenience. Gas and electric are separately metered, keeping operating expenses lean and predictable. Located near major transit corridors, retail, and employment hubs, this building sits in a rapidly improving pocket of LA with long-term appreciation potential. Whether you're expanding your portfolio or securing your first multifamily investment, this property offers the rare combination of strong yield and solid fundamentals. Prime South Los Angeles location near USC, DTLA, and the 110 Freeway. This is a plug-and-play investment ready to perform from day one. Read Less
Property listed by Atlas Real Estate Corporation, Julio Garcia 310-975-2570
Listing Snapshot
Days Online
10
Last Updated
Beds
6
Square Ft.
4,082
Lot Size
0.16 Acres
Year Built
1913
MLS Number
25621213
Additional Details
Building
Built in 1913, Living area: 4082.0, 2 buildings, 2 stories, Levels: Two
Cooling
None
Heating
WallFurnace
Income
Gross Income: $110,712, Net Operating Income: $76,574
Lot
0.1565 acres, Dimensions: 50x136
Parking
5 carport spaces, 5 total parking spaces, DetachedCarport
Taxes
Parcel Number: 5107019013, 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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