Excellent opportunity to acquire a well-located 2-unit property offering strong in-place income with upside potential. The property consists of two separate structures on one lot, providing desirable unit separation and flexible use for investors or owner-users. Current rents total $3,900 per month, delivering immediate cash flow from day one. Both… Read More units feature functional layouts with natural light, updated flooring in select areas, and private living spaces. The rear unit offers added privacy, making the property attractive to tenants seeking separation between units. Large rear yard allows for convenient on-site parking and additional usability. Located a short distance to major thoroughfares, shopping, dining, and public transportation, this property benefits from strong rental demand and central accessibility. Offered at an attractive price point with a favorable GRM, this is a solid long-term hold, value-add, or entry multifamily asset in Los Angeles. Ideal for investors seeking stable income today with future rent growth potential. Read Less
Property listed by Forward One, Ideen(Eddie) Toudeh Fallah 310-623-1300
Listing Snapshot
Days Online
0
Last Updated
Beds
3
Square Ft.
1,062
Lot Size
0.14 Acres
Year Built
1921
MLS Number
26641575
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1921, Living area: 1062.0, 1 building, Levels: One
Cooling
None
Heating
WallFurnace
Income
Gross Income: $46,800, Net Operating Income: $30,400
Interior Features
CeilingFans
Lot
0.1401 acres
Parking
4 total parking spaces, Driveway, OneSpace
Taxes
Parcel Number: 6047010023, Zoning: LCR320U*
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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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