Welcome to 1704 Miramar, an exceptional turn-key investment opportunity! This four-unit property offers immediate potential for cash flow and a low maintenance addition to your portfolio or the opportunity to owner occupy one and rent the others. Each unit boasts 2 bedrooms and 2 bathrooms, all having undergone extensive upgrades… Read More in 2017. Enjoy modern, open floor plans, high ceilings, new en-suite bathrooms, and updated kitchens, each complete with in-unit laundry. The building has been thoughtfully updated with all major systems, including electrical and plumbing. Each unit is equipped with brand-new water heaters, and older windows have all been replaced with energy-efficient options. This property is separately metered, contributing to low operating expenses and providing a hassle-free investment with consistent rental income year after year. 1704 Miramar is an ideal choice for first-time income property buyers seeking passive cash flow, as well as seasoned investors looking for a great addition to their portfolio. A Must See! Read Less
Property listed by Figure 8 Realty, Scott Harvey 213-537-0114
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,984
Lot Size
0.1 Acres
Year Built
1923
MLS Number
24451453
30 Days Snapshot Of 90026
$1,320k
+3%
(avg) sold price
10
-56%
homes sold
73
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1923, Building area total: 3,984, Levels: MultiSplit, Living area: 3984, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $113,940, Net operating income: $81,624
Lot
0.0969 acres, 4,223 square feet, Size: 4,223
Parking
4 totals parking, Garage, Tandem
Property
Zoning: LAR3
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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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