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Excellent investment opportunity featuring a fully occupied 6-unit apartment building located in the desirable South Los Angeles area. Situated on a corner lot, this well-maintained two-story property consists entirely of spacious 2-bedroom, 1-bath units with long-term tenants (each approximately 750 sq ft), providing stable income and exceptional upside potential.The property features gated access with six uncovered on-site parking spaces located within the secured gated area, along with a convenient community laundry room for tenant use. Current rents are substantially below market, creating a strong pro forma opportunity for investors seeking future rental growth and increased cash flow potential.Ideal for investors looking to acquire a stable asset with long-term appreciation potential in a strong rental market with continued demand. Conveniently located near major freeways, shopping, dining, and everyday amenities.
Property Type(s):
Residential Income
| Last Updated | 5/7/2026 | Year Built | 1959 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C42 - Downtown L.A. |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| LOT | 8054 sq ft |
| LOT DIMENSIONS | 8053 |
| PARKING | Gated, Private |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 2 |
Location
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Listed with Nourmand & Associates-HW
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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