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James Allan Properties is proud to present a 12 Unit Building in close proximity to the 110 Fwy and 105 Fwy Consisting of 11: 2BD l 1BA units and 1: 1BD l 1 BA unit, excellently maintained with great upside potential. Newer Roof, updated plumbing, and sewer line, newer Landscaping, Stucco and several units completely remodeled. Extra storage/previous rental unit with potential to convert to ADU. Secured ample parking. Currently operated at 4.4 cap with upside pro forma of 11 cap rate at market rents. 9766 sq ft Building space and 11,326 Sq ft lot size .Subject to LA rent control. Email for OM.
Property Type(s):
Residential Income
| Last Updated | 2/5/2025 | Year Built | 1960 |
|---|---|---|---|
| Community | Metropolitan Southwest | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Microwave |
| AREA | Metropolitan Southwest |
| GARAGE | Community Structure, Covered, Electric Gate |
| HEAT | Wall Furnace |
| LOT | 10355 sq ft |
| PARKING | Covered,Electric Gate,Community Structure |
| STORIES | 2 |
| ZONING | LAR3 |
Location
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Listed with Compass
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