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$ 849,000
Est. payment | /mo
7 Beds
4 Baths
4,214 Sqft Lot
$ 849,000
Est. payment | /mo
7 Beds
4 Baths
4,214 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 SB26212022
Bedrooms 7
Lot Size 4,214 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
DELIVERED WITH ONE UNIT VACANT AT CLOSE OF ESCROW. This 4-unit value-add asset is located within walking distance to USC and just minutes from the 10 Freeway, offering investors a strong rental location with long-term upside. The property is currently operating at a 5.67% cap rate and 12.12 GRM, with approximately 52% upside in rents. With one unit delivered vacant, a new owner has the opportunity to immediately renovate, lease at market, and begin capturing upside from day one. With a motivated seller, strong location fundamentals, and clear rental upside, this building is ready for a new owner to step in and take advantage of the long-term value-add opportunity.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of W Washington Blvd, South of W 20th St, East of S Western Ave, West of S Normandie Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5054023032
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Cameron Samimi, DRE#02035763 Lyon Stahl Investment Real Estate, Inc.
Co-listed byBoris Almengor • Lyon Stahl Investment Real Est
Co-listed byBoris Almengor • Lyon Stahl Investment Real Est
Nearby Locations
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Krystal Lane
Partner Lic# 1918284