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$ 4,999,000
Est. payment | /mo
10,794 SqFt
$ 4,999,000
Est. payment | /mo
10,794 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,794 sqft
Price per Sqft $463
MLS Listing ID CL26830237
HOA Y/N No
Year Built 1964
Lot Size 10,061 Sqft
Acres 0.231
Property Sub-Type Other
Property Description
Exceptional 19-unit multifamily investment opportunity in Los Angeles featuring strong in-place income and significant long-term upside potential. Property consists of eighteen 1-bedroom/1-bathroom units and one studio unit with current average rents exceeding $1,800 per unit. Several renovated units feature updated kitchens, bathrooms, flooring, and modern finishes. The property offers approximately $409,080 in gross annual income and is centrally located near major transit corridors, employment centers, shopping, and dining. Ideal opportunity for investors seeking stable cash flow with future rental growth potential in a high-demand rental market. Buyer to independently verify all information including square footage, permits, zoning, and financials.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Cooling None
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 6061004033
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Listed by Jocelyn Guardado • Compass
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