Property listed by Keller Williams Beverly Hills, Meran Solamany 310-432-6400
$1,499,995
Exceptional Income Property Prime Location Near Exposition Park & USC! This high-performing investment gem offers impressive income potential with a strong cap rate exceeding 8.5%. Fully upgraded from top to bottom, the property boasts a new electrical panel, upgraded plumbing, fresh exterior paint, and a fully inspected roof ensuring… Read More durability and minimal maintenance for years to come. Inside, every unit has been beautifully remodeled with modern finishes, updated electrical and plumbing systems, sleek kitchens, stylish bathrooms, and new flooring throughout, making this a true turnkey opportunity. With units occupied, investors can enjoy immediate, steady cash flow and strong long-term returns. Featuring a desirable unit mix of six, one 3-bedroom unit, four 2-bedroom units, and one single unit(ADU), this property appeals to a wide range of tenants and offers excellent rent diversification. Its prime location near major employers, schools, shopping, and transportation hubs drives consistent demand and high occupancy. Whether you're a seasoned investor or expanding your portfolio, this is a rare opportunity to own a low-maintenance, high-yield asset in one of LA's most desirable growth areas. Don't miss out on properties like this, they move fast! Please see attached OM. Read Less
Listing Snapshot
Days Online
8
Last Updated
Beds
11
Square Ft.
3,609
Lot Size
0.15 Acres
Year Built
1955
MLS Number
25616017
Additional Details
Appliances & Equipment
Dishwasher, Microwave, Refrigerator
Building
Built in 1955, Living area: 3609.0, 2 buildings, 2 stories, Levels: MultiSplit
Cooling
Dual
Heating
WallFurnace
Income
Gross Income: $163,896, Net Operating Income: $127,430
Lot
0.155 acres
Security Features
CarbonMonoxideDetectors
Taxes
Parcel Number: 5111021017, Zoning: LARD1.5
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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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