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$649,000
Est. payment /mo
5 Beds
4 Baths
5,121 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26179898
Bedrooms 5
Lot Size 5,121 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
*** Excellent investment opportunity with high rents!!! *** This property features 3 well-maintained units with a strong 8.62% cap rate and $6,100 in monthly gross rents / $73,020 annually. Unit 661 features 1 bedroom and 1 bathroom with new flooring throughout unit, new fixtures, and fresh interior paint. Unit 661 1/2 is a 1 bedroom and 1 bathroom well maintained unit, while Unit 661 3/4 offers 3 spacious bedrooms, 1.5 bathrooms, new bedroom and main-bath flooring, new fixtures, and central A/C and heat. Strong income, attractive cap rate, and updated units make this a compelling addition to an investors portfolio.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction From I-110, exit Vernon Ave and head east. Turn left on S Central Ave, then right on E 43rd Pl.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5115010023
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Anthony Manjarrez, DRE#02059022 ehomes
Nearby Locations
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908