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Cash Flowing asset with Massive Upside. Incredible value-add opportunity with potential 123.3% in upside rents from current to market. All units are Month-to-month leases, a highly attractive opportunity for strategic tenant repositioning to reset rents to market rates and significantly increase cash flow and property value. This 10-unit investment opportunity is on a 12,562 lot. Roof is 10 years old, electrical upgrades, resurfaced garages, replace wood staris. Prime location known for its high demand, central location and its appeal to a broad tenant base. Why wait for prices to keep rising, as current trends indicate they will? Units shown with accepted offer. Broker does not guarantee square footage or lot size. Buyer to perform due diligence.
Property Type(s):
Residential Income
| Last Updated | 2/27/2025 | Year Built | 1928 |
|---|---|---|---|
| Community | Mid Los Angeles | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Mid Los Angeles |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| LOT | 0.29 acre(s) |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| ZONING | LARD2 |
Location
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Listed with Next Level Properties
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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