Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1910
Sq.Footage
N/A
Exceptionally high cash flow from day one with no deferred maintenance, this fully occupied, turn-key 5-unit compound features a massive remodeled single-family home in front and a detached, two fully remodelled duplexes in the rear, all on an oversized 0.2-acre lot. Every unit has been taken to the studs and rebuilt, leased at near-market rents with landlord-friendly terms, RUBS ready for tenants to pay ALL utilities including water and trash if the new owner desires. Located directly across from a highly rated elementary school, this property sits in unincorporated Los Angeles County (NO DWP!), delivering one of the highest cap rates available in Los Angeles on day one with even more rental upside ahead. First time on the market in nearly 40 years. Not subject to Los Angeles City RSO or LAHD inspections. Bring your investors!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Rectangular Lot
-
Lot Size(acres)
0.2119
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,325,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
190
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Matias Stofenmacher , Edgestone Real Estate, Inc.
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