2020 CONSTRUCTION! $285/SF WELL BELOW REPLACEMENT COST AND NOT SUBJECT TO ANY RENT CONTROL. The property features a great mix of units, including (2) 6 Bedroom- 3 Bath and (2) 4 Bedroom-3 Bath Units. With each unit measuring at an average of 1,665 Square Feet, the oversized units makes… Read More it attractive to a wide range of renters. With all four units delivered vacant, the next owner has the ability to lease the units at full market rents from day one. Based on market rents, the property has the potential to generate $19,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property could also be ideal for an owner-user looking to live in one of the units while collecting income from the other units to help offset their mortgage. The property is conveniently located in South Los Angeles with easy access to Downtown. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Nuriel Elisha 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
20
Square Ft.
6,660
Lot Size
0.16 Acres
Year Built
2020
MLS Number
26664199
Additional Details
Building
Built in 2020, Living area: 6660.0, 2 buildings, Building faces West, 2 stories, Levels: Two, MultiSplit, Entry location: Living Room
Garage
6 spaces
Heating
Central
Income
Gross Income: $228,000, Net Operating Income: $172,165
Lot
0.1641 acres, Dimensions: 55x130
Parking
2 open parking spaces, 8 total parking spaces, DoorMulti, DoorSingle, Garage, Unassigned, Uncovered
Pool
None
Property
Fixer, RepairsMajor
Taxes
Parcel Number: 6011001064, Zoning: LAC2
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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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