We are excited to offer this 3 Unit income property for sale. It consists of all 2 bedroom units and is currently producing $8,069.00 per month. Two of the rents have been increased by $102, however Section 8 is still processing them and they are not reflected in… Read More the current rent. The building was constructed in 1908 and consists of 1,848 square feet. It sits on a 6,772 square foot lot, which is zoned LARD2. This investment is a great opportunity to produce long term cash flow and possible future development. Please make offers subject to inspection, as this will be shown with accepted offers only. Read Less
Property listed by McAlpin & Company, Jerome McAlpin 310-437-4172
Listing Snapshot
Days Online
10
Last Updated
Property Type
Other
Beds
3
Square Ft.
1,848
Lot Size
0.16 Acres
Year Built
1908
MLS Number
24472403
30 Days Snapshot Of 90037
$741k
+1%
(avg) sold price
5
-28%
homes sold
88
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1908, Building area total: 1,848, Levels: Two, Living area: 1848, 2 stories, 1 building
Cooling
None
Heating
WallFurnace
Income
Gross income: $96,828, Net operating income: $62,938
Lot
0.1555 acres, 6,772 square feet, Size: 6,772
Parking
None
Property
Zoning: LARD2
Security Features
WindowBars
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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