$4,999,000
Exceptional 19-unit multifamily investment opportunity in Los Angeles featuring strong in-place income and significant long-term upside potential. Property consists of eighteen 1-bedroom/1-bathroom units and one studio unit with current average rents exceeding $1,800 per unit. Several renovated units feature updated kitchens, bathrooms, flooring, and modern finishes. The property offers approximately $409,080 in gross annual income and is centrally located near major transit corridors, employment centers, shopping, and dining. Ideal opportunity for investors seeking stable cash flow with future rental growth potential in a high-demand rental market. Buyer to independently verify all information including square footage, permits, zoning, and financials.
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Listed by Jocelyn Guardado with Compass (323) 593-6999
Property Type
Residential Income
Status
Active
MLS Number
26830237
Year Built
1964
Lot Size
10,062 sq ft