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$ 1,185,000
Est. payment | /mo
3,746 SqFt
$ 1,185,000
Est. payment | /mo
3,746 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,746 sqft
Price per Sqft $316
MLS Listing ID CL26827561
HOA Y/N No
Year Built 1923
Lot Size 5,866 Sqft
Acres 0.1347
Property Sub-Type Other
Property Description
New price. Improved investor opportunity. 5-unit income property comprised of 2 separate buildings, featuring a desirable unit mix of (2) 3-bedroom units and (3) 2-bedroom units, along with 3 garages. Property features include copper plumbing, updated gas lines, ABS drainage for the plumbing in both buildings, updated electrical including receptacles, LED lighting fixtures, ceramic flooring throughout the units, security gates, and granite kitchen countertops. Both buildings have composition roofs with replaced roof sheathing. The property has tankless water heaters, along with separate gas meters and electrical panels. Units include in-unit laundry, with most appliances owned by the building. Fully occupied with consistent rent collection. Rents were recently increased, providing in-place income with remaining upside potential. Owner pays water and sewer. Located across from Elgin Sutton Recreation Center, the property offers a desirable setting that supports strong tenant demand. An attractive opportunity for investors seeking stable cash flow with strong in-place fundamentals.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 6038015050
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Listed by Deborah Perkins • Douglas Elliman
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