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$ 950,000
Est. payment | /mo
9 Beds
$ 950,000
Est. payment | /mo
9 Beds
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25169407
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
Well-priced 4-unit property in South Los Angeles, offered at $237,000 per unit and $357/SF. Current income supports a 8.01% Cap Rate and 9.18 GRM, making it a solid cash-flowing investment from day one. The building features 4 parking spaces with secure entry, a great amenity for tenants. The two story structure was built in 1959 and sits on a 4,655 square foot lot that is zoned LAR2. The construction of the property is wood-frame stucco. Great opportunity for investors looking for a simple, flexible property with upside in a growing neighborhood.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Century Ave between Alameda and Compton Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6048027018
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "