$799,000
Excellent investment opportunity in South Los Angeles! This well-maintained four-unit property features four 1-bedroom, 1-bathroom units, offering a strong mix of reliable income and future upside. The property currently generates $78,588 in annual gross scheduled income with a combination of Section 8 and market-rate tenants. Several recent improvements have been completed, making this an attractive asset for both seasoned and first-time investors. The property offers significant rental upside! Conveniently located near schools, shopping, restaurants, major freeways, and public transportation, providing excellent accessibility for tenants. This is a great opportunity to acquire a stable income-producing property with long-term appreciation potential. (2) Two car garages available for parking besides a spacious drive way.
Listed by Julio Mendoza with Pinnacle Estate Properties, Inc. (818) 365-0677
Property Type
Quadruplex
Status
Active
MLS Number
SR26164109
Year Built
1947
Lot Size
7,000 sq ft
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245 W 73rd, Los Angeles
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