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$ 1,598,000
Est. payment | /mo
10 Beds
5 Baths
3,603 SqFt
$ 1,598,000
Est. payment | /mo
10 Beds
5 Baths
3,603 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,603 sqft
Price per Sqft $443
MLS Listing ID 25495183
Bedrooms 10
HOA Y/N No
Year Built 1921
Lot Size 5,593 Sqft
Property Description
Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 6.26% cap rate with a 11.28 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 8.16% cap rate and a 9.24 GRM upon optimization. Potential 6.51% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. ***contact us for more information***
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features None
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6020008031
Special Listing Condition Standard
Listed by Kelly Morgan KW Advisors
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "