Property listed by McAlpin & Company, Jerome McAlpin 310-437-4172
$1,300,000
The subject property is a nine-unit multifamily apartment complex located in South Central Los Angeles, just minutes from the Coliseum and the USC campus. The unit mix consists of three one-bedroom units and six singles/studios. The building encompasses approximately 4,588 square feet and is situated on a 6,472-square-foot lot. The… Read More current scheduled gross monthly income exceeds $10,000 and has substantial potential for rental upside. The property is in good condition relative to the surrounding area and is ideally positioned for student housing demand driven by its proximity to USC. Read Less
Listing Snapshot
Days Online
9
Last Updated
Beds
3
Square Ft.
4,588
Lot Size
0.15 Acres
Year Built
1963
MLS Number
25622777
Additional Details
Building
Built in 1963, Living area: 4588.0, 1 building, Levels: Two
Cooling
None
Heating
WallFurnace
Income
Gross Income: $120,988, Net Operating Income: $68,378
Lot
0.1486 acres, Dimensions: 50x129
Parking
Carport, Uncovered
Taxes
Parcel Number: 5019002002, Zoning: LAR3
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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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