$1,599,900
Over $16,200 in monthly rental income!!!! You won't find a building nicer than this one, at this price, with this type of rental income. Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past several years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants. Total monthly utility costs are approximately $1,400.
Listed by Cameron Davis with Selling OC Real Estate
MLS Property Type
Commercial Sale
Property Subtype
Multi Family
Status
Active
MLS Number
OC26134374
Year Built
1958
Building Size
5,580 sq ft
Units
8
Lot Size
8,500 sq ft
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