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$ 1,199,000
Est. payment | /mo
6 Beds
5 Baths
9,232 Sqft Lot
$ 1,199,000
Est. payment | /mo
6 Beds
5 Baths
9,232 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 PW26207492
Bedrooms 6
Lot Size 9,232 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
A fully occupied 5-unit compound delivering exceptionally high day-one cash flow at an 8.53% CAP rate and 8.62 GRM, in good condition and a recent full roof replacement across all three structures, including complete tear-off and replacement of the wood decking; not simply a new layer over the old. This is a true turnkey, low-touch investment that is exceedingly rare at this performance level in the Los Angeles market. The property 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 remodeled and leased at near-market rents with landlord-friendly terms, and RUBS-ready so tenants can pay all utilities including water and trash if the new owner chooses. Additional rental upside remains ahead. Situated in unincorporated Los Angeles County, the property is not subject to Los Angeles City RSO or LAHD inspections, and benefits from DWP-free utility billing. Located directly across from a highly rated elementary school in a stable, established pocket.
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
Listed by Matias Stofenmacher, DRE#01705003 Edgestone Real Estate, Inc.
Co-listed bySebastian Stofenmacher • Edgestone Real Estate, Inc.
Co-listed bySebastian Stofenmacher • Edgestone Real Estate, Inc.
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