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$ 1,525,000
Est. payment | /mo
6 Beds
7,864 Sqft Lot
$ 1,525,000
Est. payment | /mo
6 Beds
7,864 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25268258
Bedrooms 6
Lot Size 7,864 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present for sale this turnkey 6-unit multifamily asset that delivers immediate cash flow with a 6.53% current CAP rate, 10.48 GRM, and rare seller financing offered at 40% down, 6.25% interest-only, due in 4 years, generating a projected 7% cash-on-cash return. The property consists of (2) renovated 2BD/1BA units and (4) renovated spacious 1BD/1BA units, with the majority being single-story constructiona feature highly preferred by renters and ideal for long-term durability. Each unit has been extensively upgraded with luxury finishes and includes individual washer/dryer hookups, enhancing tenant satisfaction and rental demand. Additional income and value-add potential come from (5) onsite garagesperfect for extra storage income or potential ADU conversions (Buyer to verify with city)plus (3) open parking spaces. With strong in-place financials, modernized units, and flexible, attractive financing terms, this property is an exceptional opportunity for investors seeking stable cash flow, built-in upside, and a high-performing asset in a strong rental market.
Location
State CA
County Los Angeles
Zoning Appraiser
Direction North of Holt Ave. East of Garey Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8336003019
Listed by Kristopher German RE/MAX 2000 REALTY
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Krystal Lane
Partner | Lic# 1918284