Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
N/A
8-Unit Apartment Building | First Time on Market in 26 Years! Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Parking
Assigned, Off Street
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Back Yard, Rectangular Lot
-
Lot Size(acres)
0.1852
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
-
Architectural Style
Traditional
Price
-
Sales Price
$1,595,000
-
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
2
-
Foundation Details
Raised
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
520
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jim Porter , Porter Heritage
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