- – beds
- – baths
- – sqft
- 9,317 sqft lot
- 2020 build
- – on site
Attention Savvy Investors: Immediate Cash Flow + EVEN MORE Value-Add Potential! 4 separate Buildings on huge lot with 6 Garages. This fully rehabbed multi-unit building in the heart of Los Angeles offers serious income potential with a pro forma 10% CAP rate and 7.2 GRM!!!!! . Perfect for savvy investors seeking strong returns with minimal upfront hassle. Property Highlights: Fully renovated in 2020: new roof, plumbing, electrical, kitchens, and bathrooms***3 units will be delivered vacant. 2 are currently rent-ready allowing an immediate over $6,000 income to be added to current income immediately *** choose your own tenants!3rd unit (8th unit ) has approved plans ready just pull permits and finish to add an additional income ++++projected rent of $2175/Month ***Potential to add on-site laundry and rent out garages for additional income***Experienced professional property management in place and can stay on post-sale **** Value-Add Opportunities:Add laundry room for added tenant convenience and additional revenue- Lease out garages separately for bonus monthly cash flow- Build out the 3rd unit with minimal steps (permits already approved!)Location: Prime Los Angeles central, in-demand, and ideal for long-term appreciation.
Last checked:
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Last updated Jul 14, 2025
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MLS# 24350463 —
The Building
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Year Built:2020
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Year Built Source:Other
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New Construction:No
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Building Area Total:5234.00
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Total Number Of Units:8
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# of Buildings:4
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Two, One
Financial & Terms
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Disclosures:Rent Control, Property Report, Principal Is RE Licensed
Location
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Directions:WAZE
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Latitude:33.96396600
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Longitude:-118.28358000
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:9317.0000
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Lot Size Acres:0.2139
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Lot Size SqFt:9317.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6032021018
Heating & Cooling
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Heating:1
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Heating:Wall Furnace, Natural Gas
Appliances
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Appliances:Disposal
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered, Garage Door Opener, Controlled Entrance, Garage - Single Door, Assigned
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/13/25
Jul 13, 2025
|
Listed / Active | CRMLS_CA | $1,878,000 | 91.6% (14.9% / YR) |
5/16/19
May 16, 2019
|
CRMLS_CA | $980,000 |