We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 and two 2+1 units. The investment consists of approximately 4, 180 of rentable square feet and is situated on an approximately 5, 494 square foot parcel. Recent property upgrades include new exterior lighting, new exterior building and unit numbers, an on-site surveillance system, and two rent ready units. The building amenities include a large parking area with six total spaces, and the property is separately metered for both gas & electricity.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Heating and Cooling
- Cooling Features: Ceiling Fan
- Heating Features: Wall Gas
Land Info
- Lot Size Acres: 0.1261249
- Lot Size Square Feet: 5494
Garage and Parking
- Garage Description: Assigned
- Parking Total: 6
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 6
- Unit Type: Income
- Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2407, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2407, 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: 2, 6 BathsTotal: 1, 6 SquareFeet: 3052
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Cap Rate: 7.11
- Directions: The subject property is located in the City of Los Angeles. The property is situated south of Florence Avenue, North of Manchester Boulevard, West of Normandie Avenue and East of Van Ness Avenue.
- Source Property Type: Residential Income
- Area: Metropolitan Southwest
- Source Neighborhood: Metropolitan Southwest
- Parcel Number: 6018-016-014
- Postal Code Plus 4: 2431
- Zoning: LAC2
- Source System Name: C2C
Commercial Info
- Net Operating Income: 96003
Building and Construction
- Total Square Feet Living: 4180
- Year Built: 1953
- Levels: One Level
- Living Area Source: Title Company
- Property Age: 71
- Levels or Stories: 2
- Year Built Source: Vendor Enhanced
