An excellent 5 units rental income property in Florence neighborhood of Los Angeles for sale. It is a great investment or development opportunity. The property comprises of a front single unit (3 Bed / 1 Bath) and a rear four-unit (All 2 Bed / 1 Bath). Rents across all… Read More units are significantly below market, offering a potential upside upon turnover. This gated property also sits on a 7006 square feet lot with 10 parking spaces. 601 & 603 W 75th St is centrally located just 4 miles from USC and Downtown Los Angeles with convenient access to the 110 freeway. Shopping, schools, EXPO PARK, CRYPTO Arena, LAX, BMO Stadium, LA Memorial Coliseum, LAFC, and Microsoft Theater are only minutes away. Hurry! Don't miss this amazing investment opportunity! Read Less
Property listed by SOPHIS REAL ESTATE, INC., REX CHAN 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1912
MLS Number
WS26038716
Additional Details
Building
Built in 1912, 2 buildings, 2 stories, Entry level: 1, Entry location: Street Entry
Community
StreetLights
Expenses
Operating: $21,550
Income
Gross Income: $52,860, Gross ScheduledIncome: $59,028, Net Operating Income: $31,310
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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