162 W 65th Street, Los Angeles, CA 90003
162 W 65th Street, Los Angeles, CA 90003
162 W 65th Street, Los Angeles, CA 90003
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$1,195,000
Est. payment /mo
10 Beds
6 Baths
6,693 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26049592

Bedrooms 10

Lot Size 6,693 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

*UPDATED FINANCIALS | 9.01% CAP RATE* 162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 2 of 4 units delivered tenant ready. The property features a great mix of units including a large 4-bedroom/2-bath front house, along with three additional units consisting of (1) 1-bedroom/1-bath, (1) 2- bedroom/1-bath, and (1) newly constructed 3-bedroom/2-bath unit. The variety of unit sizes and 4 parking spaces in the back of the property makes it attractive to a wide range of renters. With only 2 of 4 units being occupied, the next owner has the flexibility to lease the remaining units at full market rents from day one. Based on market rents, the property has the potential to generate about $12,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property is conveniently located in South Los Angeles with easy access to Downtown LA, USC, and the growing Inglewood area, along with major transportation routes and employment centers throughout the city.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Between Main St and Broadway, just South of Gage Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6012001033

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

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MLS Router / San Diego MLS
Listed by Aaron Jacobson, DRE#02100737 Lyon Stahl Investment Real Estate, Inc. 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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