Excellent income property opportunity in a prime location close to Downtown Los Angeles. The property features a front four-plex and a separate single-family residence in the rear, all situated on one lot.The front building consists of four spacious 1-bedroom, 1-bath units, each offering large layouts. The rear unit is a… Read More single-family home with 3 bedrooms and 1 bathroom and its own private backyard, providing additional privacy and living space.One unit can be delivered vacant, creating an excellent opportunity for an owner-occupant or for rental upside.The property is well maintained and currently generates $8,311 per month ($99,732 annually) with a gross rent multiplier (GRM) of 11.9.Conveniently located near Downtown Los Angeles, major freeways, shopping, restaurants, and employment centers. Excellent opportunity for both investors and owner-users. Read Less
Property listed by Keller Williams Beverly Hills, Eliza Kerndian 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
7
Square Ft.
3,376
Lot Size
0.13 Acres
Year Built
1927
MLS Number
26660809
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1927, Living area: 3376.0, 2 buildings, Levels: MultiSplit
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $99,732, Net Operating Income: $69,812
Lot
0.1338 acres
Parking
4 total parking spaces, Private, OneSpace
Taxes
Parcel Number: 5119031007, Zoning: LARD2
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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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