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$ 950,000
Est. payment | /mo
4 Beds
4 Baths
4,385 Sqft Lot
$ 950,000
Est. payment | /mo
4 Beds
4 Baths
4,385 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 SR26164033
Bedrooms 4
Lot Size 4,385 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Don't miss this exceptional opportunity to own an income-producing fourplex located just a few blocks from Cabrillo Beach and within walking distance of local shops, restaurants, and neighborhood amenities. The property consists of two separate buildings, (total of four (4) units) each containing two one-bedroom, one-bathroom units(approximately 500 square feet each) Every unit features a cozy living room, kitchen, full bathroom, and in-unit washer and dryer hookups. Two of the units have been recently upgraded (as shown in the photos), and the property also benefits from a recently upgraded roof. All four units are currently occupied by long-term tenants, providing immediate and stable rental income. This is a great investment opportunity with strong long-term potential. In addition, there may be the possibility of converting a portion of the property into parking (buyer to verify all development potential and requirements with the appropriate governmental agencies). Please Note: Showings are by appointment only. Do not disturb the occupants. No viewing of the property will be permitted without a prior confirmed appointment.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Between Pacific and Grand Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7454033012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Dareh Gregorian, DRE#02208598 Executive Realty & Finance
Nearby Locations
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Krystal Lane
Partner | Lic# 1918284