We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. This 6-unit multi-family property features a well-balanced unit mix of four 1-bedroom/1-bath units and two 2-bedroom/1-bath units, in which five have been recently renovated. The property benefits from strong in-place fundamentals supported… Read More by consistent rental demand in one of Los Angeles' most established rental markets. Recent capital improvements include a new surveillance system, upgraded exterior lighting, and new building and unit numbering, enhancing curb appeal and tenant experience. Each unit is separately metered for gas and electricity, providing operational efficiency and long-term expense control. The property also has unused space on the lot, providing potential for a future ADU (buyer to verify), while also offering an on-site parking area with 6 spaces, a valuable amenity in a dense urban environment. Read Less
Listing Snapshot
Days Online
86
Last Updated
Beds
8
Square Ft.
4,180
Lot Size
0.13 Acres
Year Built
1953
MLS Number
26640621
Additional Details
Building
Built in 1953, Living area: 4180.0, 1 building, 2 stories, Levels: One
Income
Gross Income: $142,608, Net Operating Income: $95,779
Interior Features
CeilingFans
Lot
0.1261 acres
Parking
6 total parking spaces, Concrete
Taxes
Parcel Number: 6018016014, Zoning: LAC2
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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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