We are pleased to present this well-maintained 5-unit asset delivering exceptionally high day-one cash flow, with an over 8.4% CAP rate and an ultra-low 9.24 GRM—a true turnkey, low-touch investment. Exceptionally high cash flow from day one with no deferred maintenance, this fully occupied compound features a massive remodeled single-family… Read More home in front and two fully remodeled detached duplexes in the rear, all on an oversized 0.2-acre lot. Every unit has been taken to the studs and rebuilt, leased at near-market rents with landlord-friendly terms, and RUBS-ready so tenants can pay all utilities—including water and trash—if the new owner chooses. Located directly across from a highly rated elementary school, the property sits in unincorporated Los Angeles County (NO DWP!), offering one of the highest day-one cap rates available in Los Angeles with even more rental upside ahead. First time on the market in nearly 40 years and not subject to Los Angeles City RSO or LAHD inspections. Bring your investors! Read Less
Property listed by Edgestone Real Estate, Inc., Matias Stofenmacher 310-259-7556
Listing Snapshot
Days Online
15
Last Updated
Property Type
Apartment
Lot Size
0.21 Acres
Year Built
1910
MLS Number
PW26058242
Additional Details
Building
Built in 1910, 3 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
Sidewalks
Disclosures
RentControl
Expenses
Gardener: $900, Insurance: $5,840, Operating: $30,946, Pest Control: $900, Water/Sewer: $2,243, Other Expense: $5,000
Income
Gross Income: $143,400, Gross ScheduledIncome: $143,400, Net Operating Income: $108,153
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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