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Listed by Boris Almengor, DRE #02092597 • Lyon Stahl Investment Real Est
$ 799,000
Est. payment | /mo
4,214 Sqft Lot
$ 799,000
Est. payment | /mo
4,214 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26231829
Year Built 1913
Lot Size 4,214 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. Just under $5,850 monthly rental income. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside. The property is currently operating at a 6.10% cap rate and 11.40 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one. With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5054023032
Special Listing Condition Not Applicable
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