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9 units located in South Los Angeles subject to Rent Control. Priced at 10.1 GRM and a 6.0% CAP with rental uspide to a 6.5% CAP. Good unit mix for the area. NO Section 8 tenants. Onsite laundry room. Property features 3 tandem carport parking spaces in the front and another 6 private garages in the rear. 12 parking total. Per Cal Quake, there is an opportunity to add additional ADU units - 1 in the front and 2 in the rear. Buyer to verify. The property's interior and exterior has been well maintained and Professionally Managed. All units have been updated with new paint, fixtures and flooring when turned, and units 1 & 8 have new kitchens as well. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND ACTUAL EXPENSES.
Property Type(s):
Residential Income
| Last Updated | 1/6/2025 | Year Built | 1959 |
|---|---|---|---|
| Community | Metropolitan Southwest | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Metropolitan Southwest |
| GARAGE | Covered |
| HEAT | Wall Furnace |
| LOT | 8991 sq ft |
| PARKING | Covered |
| STORIES | 2 |
| ZONING | LCR320U* |
Location
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Listed with The Agency
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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