REQUEST A TOUR
$939,000
Est. payment /mo
5 Beds
4 Baths
4,989 Sqft Lot
UPDATED:
12/07/2024 12:48 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24244146
Bedrooms 5
HOA Y/N No
Lot Size 4,989 Sqft
Property Description
4-unit turn-key property with 3/4 units that will be delivered vacant and rent ready. Updated electrical and new copper plumbing. The building features one 2-bed/1-bath unit and three 1-bed/1-bath units, with 3 of the 4 units delivered vacant by close, offering a prime opportunity for an investor or owner-occupier. 4 uncovered parking spaces in the rear can be converted to two stacked ADUs. With this addition, the cap rate jumps from an already attractive 7.29% to an impressive 12.63%, offering substantial returns. For investors, this is a cash cow with the ability to stabilize and generate significant cash flow. For owner-users, its a perfect opportunity to occupy one unit, have two units cover your mortgage, and enjoy pure profit from the fourth unit. Dont miss this rare chance to maximize value in a sought-after area!
4-unit turn-key property with 3/4 units that will be delivered vacant and rent ready. Updated electrical and new copper plumbing. The building features one 2-bed/1-bath unit and three 1-bed/1-bath units, with 3 of the 4 units delivered vacant by close, offering a prime opportunity for an investor or owner-occupier. 4 uncovered parking spaces in the rear can be converted to two stacked ADUs. With this addition, the cap rate jumps from an already attractive 7.29% to an impressive 12.63%, offering substantial returns. For investors, this is a cash cow with the ability to stabilize and generate significant cash flow. For owner-users, its a perfect opportunity to occupy one unit, have two units cover your mortgage, and enjoy pure profit from the fourth unit. Dont miss this rare chance to maximize value in a sought-after area!
4-unit turn-key property with 3/4 units that will be delivered vacant and rent ready. Updated electrical and new copper plumbing. The building features one 2-bed/1-bath unit and three 1-bed/1-bath units, with 3 of the 4 units delivered vacant by close, offering a prime opportunity for an investor or owner-occupier. 4 uncovered parking spaces in the rear can be converted to two stacked ADUs. With this addition, the cap rate jumps from an already attractive 7.29% to an impressive 12.63%, offering substantial returns. For investors, this is a cash cow with the ability to stabilize and generate significant cash flow. For owner-users, its a perfect opportunity to occupy one unit, have two units cover your mortgage, and enjoy pure profit from the fourth unit. Dont miss this rare chance to maximize value in a sought-after area!
Location
State CA
County Los Angeles
Area Los Angeles (90011)
Zoning Assessor
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, FHA, Seller May Carry
Space Rent $900
Listing Terms Cash, Conventional, FHA, Seller May Carry
Read Less Info
Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
MORTGAGE CALCULATOR
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get Pre-Approved
in Minutes!
By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.