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$ 1,499,995
Est. payment | /mo
11 Beds
7 Baths
3,609 SqFt
$ 1,499,995
Est. payment | /mo
11 Beds
7 Baths
3,609 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,609 sqft
Price per Sqft $415
MLS Listing ID 25616017
Bedrooms 11
HOA Y/N No
Year Built 1955
Property Description
Exceptional Income Property Prime Location Near Exposition Park & USC! This high-performing investment gem offers impressive income potential with a strong cap rate exceeding 8.5%. Fully upgraded from top to bottom, the property boasts a new electrical panel, upgraded plumbing, fresh exterior paint, and a fully inspected roof ensuring durability and minimal maintenance for years to come. Inside, every unit has been beautifully remodeled with modern finishes, updated electrical and plumbing systems, sleek kitchens, stylish bathrooms, and new flooring throughout, making this a true turnkey opportunity. With units occupied, investors can enjoy immediate, steady cash flow and strong long-term returns. Featuring a desirable unit mix of six, one 3-bedroom unit, four 2-bedroom units, and one single unit(ADU), this property appeals to a wide range of tenants and offers excellent rent diversification. Its prime location near major employers, schools, shopping, and transportation hubs drives consistent demand and high occupancy. Whether you're a seasoned investor or expanding your portfolio, this is a rare opportunity to own a low-maintenance, high-yield asset in one of LA's most desirable growth areas. Don't miss out on properties like this, they move fast! Please see attached OM.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Dual
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5111021017
Security Features Carbon Monoxide Detector(s)
Special Listing Condition Standard
Listed by Meran Solamany Keller Williams Beverly Hills
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Tyler Hagerla
Broker Associate | Lic# 01868830