CASH-FLOW! 100% occupied. We are pleased to offer for sale this two (2) unit investment opportunity. The subject property was constructed on an oversized lot of approximately +/-4,500 square feet with frontage directly off Normandie Ave. Consisting of approximately 1,620 square feet of living space with a unit mix of… Read More (2) - 1/bed +1/bath. Ample on-site parking with a new perimeter fence allows tenants both secure access and out door recreation area. New water heaters and separately metered for gas & electric supports straightforward operations making this a great opportunity to enter the investor market or add to a growing portfolio. Located in a high-demand rental area, this property offers both stability and upside in a rapidly appreciating neighborhood. With the increasing demand for additional living space in Los Angeles, there is potential for an ADU conversion with its multi-car garage. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings. Read Less
Property listed by Glenn Rosten, Glenn Rosten 310-216-4390
Listing Snapshot
Days Online
0
Last Updated
Beds
2
Square Ft.
1,620
Lot Size
0.1 Acres
Year Built
1941
MLS Number
26643187
Additional Details
Appliances & Equipment
Microwave, Refrigerator
Building
Built in 1941, Living area: 1620.0, 2 buildings, Building faces East, 2 stories, Levels: Two
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $29,460, Net Operating Income: $23,016
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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