$1,150,000
162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 1 unit delivered vacant. The property features a great mix of units, including a VACANT and newly constructed 3 Bed/2 Bath unit, along with three additional units consisting of (1) large 4 Bed/2 Bath front house, (1) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units. The variety of unit mixes and 4 on-site parking spaces in the back of the property makes it attractive to a wide range of renters. Built in 1941, the property totals approximately 3,312 SF on a 6,690 SF lot ($347/SF). Based on market rents, the property has the potential to generate nearly $12,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. Priced at $1,150,000, the property is is currently operating at a 9.17% Cap Rate and 8.19 GRM, with upside potential. 162 W 65th St is well positioned in Los Angeles, CA 90003, close to major employment centers, retail corridors and transit, in a rental market characterized by consistent demand and long-term appreciation.
Photo coming soon
5914 S Hoover, Los Angeles
Listed by Nataliya Abolfathi with Keller Williams Pacific Estate
Photo coming soon
915 E 23rd St, Los Angeles
Listed by Walner Hernandez with Keller Williams World Media Center
Photo coming soon
4936 Coliseum St, Los Angeles
Listed by Paul Pagnone with Engel & Volkers La Canada
Photo coming soon
2007 Pennsylvania Ave, Los Angeles
Listed by Amparo Gastelum with Max Real Estate
Photo coming soon
8858 S Central, Los Angeles
Listed by CONSUELO RODRIGUEZ with RICO & RICO REALTY AND ASSOCIATES
Photo coming soon
1633 Lemoyne St, Los Angeles
Listed by Kristin Fox with Compass
Photo coming soon
1835 W 12th, Los Angeles
Listed by RENALDO SUDIBYA with IRN REALTY
Photo coming soon
718 S Grande Vista, Los Angeles
Listed by Ryan Tan with Circa Properties, Inc.