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$875,000
Est. payment /mo
8 Beds
4 Baths
3,238 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,238 sqft
Price per Sqft $270
MLS Listing ID 26985825
Bedrooms 8
HOA Y/N No
Year Built 1962
Lot Size 5,087 Sqft
Property Description
Fantastic Fourplex with four 2-bd, 1 ba apartments for OWNER/USER OR INVESTOR. Bring your first time buyers, FHA, and VA Buyers for this opportunity to move into the one vacant unit (Unit #3) that is already fully remodeled for the new owner. The other three units are already rented/occupied bringing in $5,205/mo in rent that could cover the buyer's mortgage! Or just rent out the vacant unit bringing the total income to approximately $7,500/mo. Great investor opportunity!!! Unlock approximately 20% upside potential in rental income. This fourplex moneymaker in the heart of Los Angeles comes with four 2-bedroom, 1 bath apartments two garage spaces and 4 additional parking spaces on site. Potential to build 2 ADU's; Buyer to verify. Minutes away from DTLA, USC & 105,110 & 10 freeways. Centrally located to Restaurants, Entertainment, and public transportation. This property is great to add to your investment portfolio!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Garage Spaces 2.0
Garage Description 2.0
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6005001003
Special Listing Condition Standard
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Listed by Michael Hananel Strategic Growth Real Estate #01412068
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