SELLER CAN DELIVER UNIT 1 VACANT BY CLOSE OF ESCROW! Great opportunity to purchase a well-maintained 4-unit apartment complex located in South LA. The complex is appx 3,036 SF on 5,000 SF lot, consists of 4 units in total- each 2BR/1BA, with four uncovered parking spaces in the back.… Read More Unit 4 has just completed renovations and has now recently been rented out. Landlord can vacate Unit 1 by close of escrow. Live in one unit while collecting rents! Property also includes new roof (2022), individual electrical panels, all units separately metered, and each unit with own water heater. No laundry on site. The property is subject to rent control with significant rent upside. The seller will not relocate any of the exiting tenants. Centrally located just minutes from USC, DTLA, and many parks and museums nearby, along with many restaurants and shops, and easy access to freeways and transportation. Read Less
Property listed by Keller Williams Beverly Hills, Sabina Yi 310-432-6400
Listing Snapshot
Days Online
268
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,036
Lot Size
0.11 Acres
Year Built
1961
MLS Number
24375173
30 Days Snapshot Of 90011
$597k
-1%
(avg) sold price
7
-12%
homes sold
78
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 1961, Building area total: 3,036, Levels: Two, MultiSplit, Living area: 3036, 2 stories, 1 building, Architectural style: Traditional
Community
Gated
Cooling
None
Heating
WallFurnace
Income
Gross income: $60,132, Net operating income: $39,083
Lot
0.1148 acres, 5,000 square feet, Size: 5,000
Parking
4 open parking spaces, 4 totals parking, Gated, Uncovered
Property
Zoning: LAR2
Security Features
GatedCommunity
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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