Property listed by Goldcoast Commercial Group, Christopher Marsocci 310-822-3281
$785,000
Great cash flow property for the first time buyer or investor. All units have upgraded bathrooms with tile showers and floors. Well positioned on a corner directly across from the LAPD Southeast Station and down the block from LAFD Station 64. Very cozy units with strong… Read More rental income. There are 2 buildings, each contains two 1-bedroom units. Nice yard area for the tenants to enjoy. There is also a detached 4-car garage fronting Spring St. making this a possible ADU opportunity for a developer (buyer to verify). Convenient location next to 2 major freeways and only a few miles to downtown LA and Inglewood. 1 unit vacant with tenant approval pending. Read Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,768
Lot Size
0.14 Acres
Year Built
1929
MLS Number
25577647
30 Days Snapshot Of 90061
$588k
-13%
(avg) sold price
5
+25%
homes sold
85
+41%
(avg) days on market
Snapshot
Area Map
Additional Details
Property
None, Zoning: LAR2
Building
Built in 1929, Building area total: 1,768, Levels: One, Living area: 1768, 1 story, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall
Cooling
None
Floors
Carpet, Laminate
Garage
4 spaces
Heating
WallFurnace
Income
Gross income: $90,912, Net operating income: $67,849
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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