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$1,245,000
Est. payment /mo
6 Beds
5 Baths
9,232 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26058242
Bedrooms 6
Lot Size 9,232 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present this well-maintained 5-unit asset delivering exceptionally high day-one cash flow, with an over 8.73% CAP rate and an ultra-low 8.95 GRMa true turnkey, low-touch investment. Exceptionally high cash flow from day one with no deferred maintenance, this fully occupied compound features a massive remodeled single-family home in front and two fully remodeled detached duplexes in the rear, all on an oversized 0.2-acre lot. Every unit has been taken to the studs and rebuilt, leased at near-market rents with landlord-friendly terms, and RUBS-ready so tenants can pay all utilitiesincluding water and trashif the new owner chooses. Located directly across from a highly rated elementary school, the property sits in unincorporated Los Angeles County (NO DWP!), offering one of the highest day-one cap rates available in Los Angeles with even more rental upside ahead. First time on the market in nearly 40 years and not subject to Los Angeles City RSO or LAHD inspections. Bring your investors!
Location
State CA
County Los Angeles
Zoning Assessor
Direction W 95th St & Vermont Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6056009036
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by Matias Stofenmacher, DRE#01705003 Edgestone Real Estate, Inc.
NEARBY SCHOOL & BUSINESS
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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