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$850,000
Est. payment /mo
6 Beds
4 Baths
4,056 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 SB26070955
Bedrooms 6
Lot Size 4,056 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent income-producing quadplex ideal for investors or owner-occupants. This well-maintained property offers strong returns with a 8.1% cap rate and an 10.9 GRM, located in a city with no local rent control: over $6500 monthly rental income and potential for much more. The desirable unit mix includes two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. Several units feature upgrades such as dual-pane windows, electrical subpanels, interior paint, updated water heaters, and renovated kitchens and bathrooms. Major improvements include a new sewer line to the street, providing added value and peace of mind. Solid cash flow with minimal deferred maintenance makes this a strong long-term investment.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Alondra Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7302003031
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Qubie Vazquez, DRE#01944844 Coldwell Banker Realty
Nearby Locations
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