|
Prime Investment Opportunity High-Yield Income Property. This high-performing, revenue-generating property offers a strong cap rate of over 8%, making it an exceptional investment for serious buyers. Extensively upgraded inside and out, the building features newer stucco, fresh paint, a new electrical panel, and a fully inspected and repaired roof, ensuring long-term durability and minimal maintenance costs. Every unit has been completely remodeled, with modernized interiors, updated electrical fixtures, new plumbing, renovated kitchens and bathrooms, and upgraded flooring enhancing tenant appeal and maximizing rental income. With its turnkey condition, modern amenities, and fully occupied units, this property delivers consistent cash flow and strong returns. Ideally located near schools, employment hubs, and shopping centers, it benefits from high tenant demand. The unit mix of six spacious unit 3 x 3-bedroom units and 3 x 2-bedroom further strengthens its investment value, offering a balance of affordability and strong rental potential. This is a rare opportunity to own a low-maintenance, high-yield property in a prime location. Don't miss out!
Last Updated | 4/29/2025 | Year Built | 1961 |
---|---|---|---|
Community | Metropolitan South | County | Los Angeles |
Price History
Prior to Apr 28, '25 | $1,895,000 |
---|---|
Apr 28, '25 - Apr 29, '25 | $1,795,000 |
Apr 29, '25 - Today | $1,794,000 |
Additional Details
APPLIANCES | Disposal, Microwave, Oven, Range Hood, Refrigerator |
---|---|
AREA | Metropolitan South |
HEAT | Wall Furnace |
LOT | 6501 sq ft |
LOT DIMENSIONS | 50x130 |
STORIES | 1 |
STYLE | Other |
ZONING | LAR4 |
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". |
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.
This IDX solution is (c) Diverse Solutions 2025.