1786 E 110th St is a 4-Plex delivered FULLY VACANT at Close of Escrow. The property also comes with submitted plans to LADBS for a 3-Bed/2-Bath ADU, providing an additional opportunity for investors to further maximize cash flow. Once leased, the property will operate at an impressive 9.26% Cap Rate… Read More with the ADU (including estimated construction costs). In addition, the current ownership recently completed extensive structural improvements, including a tuck-under parking retrofit and major building upgrades. Situated on a large 7,806 SF lot in one of Los Angeles’ fastest
growing neighborhoods, a substantial portion of the units have already been modernized and are move-in ready, allowing for strong income potential upon stabilization. Whether you're an investor or owner-user, this 4+1 unit asset is primed for strong cash flow from day one, with the added
potential to increase equity through ADU development. Located in a growing submarket, 1786 E 110th Pl is just minutes from major employment and entertainment hubs including SpaceX, Hollywood Park Casino, SoFi Stadium, Intuit Dome and Cosm Los Angeles. ***The SF reflected represents the ADU conversion. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.18 Acres
Year Built
1947
MLS Number
SB26090752
Additional Details
Building
Built in 1947, 1 building, 2 stories, Entry level: 1, Entry location: Front
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Operating: $23,648
Garage
5 spaces
Income
Gross Income: $95,760, Gross ScheduledIncome: $95,760, Net Operating Income: $67,325
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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