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$2,350,000
Est. payment /mo
8 Beds
4 Baths
0.68 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26013364
Bedrooms 8
Lot Size 0.683 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
4-PLEX OPPORTUNITY! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS! !Starting cap rate is apprx.4.10% ! This is a 4 plex on almost a 3/4 acre lot. There are 4 individual homes, each with their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total rents are $10,485/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $150,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 2 tenants are Section 8. This is a great opportunity! Hurry won't last long. Will not be delivered with vacant units.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Off of Carmelita rd. and Beaty
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8026023005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Cherie Pondoff Executive Plus Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "