$900,000
Rare opportunity to acquire two fully residential income-producing buildings on two separate APNs, offered together at $900,000. This 8-unit multifamily portfolio features all one-bedroom, one-bathroom units, providing a streamlined, easy-to-manage tenant mix. Current rents generate over $94,000 in annual gross income, with significant upside potential as units are brought to market rate of $1,650/month. Priced at $112,500 per door, this is an ideal value-add acquisition for investors looking to build or expand their multifamily portfolio in the growing Los Angeles submarket. Both parcels are being sold together do not disturb tenants.
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Listed by George Morales with Compass (310) 230-5478
Property Type
Residential Income
Status
Active
MLS Number
26836303
Year Built
1930
Lot Size
7,170 sq ft