We are pleased to offer this seven unit investment opportunity, located in the City of Los Angeles. The unit mix consists of five 1+1 and two 2+1 units. The investment consists of approximately 4, 432 of rentable square feet and is situated on an approximately 9, 110 square foot parcel. Recent property upgrades include new exterior paint, new exterior lighting, new exterior building and unit numbers, and all seven of the units have recently been renovated.. The building amenities include a secured gated entry, and the property is separately metered for both gas & electricity.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Heating and Cooling
- Cooling Features: Ceiling Fan
- Heating Features: Wall Gas
Land Info
- Lot Size Acres: 0.2091368
- Lot Size Square Feet: 9110
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 4
- Number of Units: 7
- Unit Type: Income
- Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2407, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3052, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3052, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2407, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 2407, 6 BedsTotal: 1, 6 BathsTotal: 1, 6 SquareFeet: 2407, 7 BedsTotal: 1, 7 BathsTotal: 1, 7 SquareFeet: 2407
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 7.22
- Directions: The subject property is located in the City of Los Angeles. The property is situated south of Century Boulevard, North of 108th Street, West of Grand Avenue and East of Figueroa Street.
- Source Property Type: Residential Income
- Area: Metropolitan Southwest
- Source Neighborhood: Metropolitan Southwest
- Parcel Number: 6061-033-009
- Zoning: LAR2
- Source System Name: C2C
Commercial Info
- Net Operating Income: 119068
Building and Construction
- Total Square Feet Living: 4324
- Year Built: 1934
- Levels: One Level
- Living Area Source: Title Company
- Property Age: 90
- Levels or Stories: 2
- Year Built Source: Vendor Enhanced
