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Fantastic investment opportunity to purchase a bungalow style 4 unit property in the heart of South Central Los Angeles at a hard to find, low price point. The property is 100% occupied and offers strong in-place cash flow with over $5,000/month, and a low GRM of only 10.71, and a 5.65% CAP rate. The property is separately metered, so the owner only pays for water and sewer. Two of the roofs were replaced in 2024 with permits. There is ample open parking in the rear for 6 cars, and a parking gate with rear alley access. This is a stabilized asset in a high-demand rental market with excellent future upside potential. The property is subject to City of LA Rent Control (LA RSO) and rents were most recently increased in June 2026. Property will be sold with all tenants in place, so no FHA or owner-occupied loans are possible. Ideally located near the Gilbert Lindsay Recreation Center and only 2 blocks from Ricardo Lizarraga Elementary School, the property also benefits from convenient access just east of the 110 Freeway and south of MLK Jr Blvd. Residents are just minutes from University of Southern California and Exposition Park, home to locally popular museums, entertainment venues, and major sporting events, making this a highly desirable location with strong long-term rental demand. *A full marketing package is available from the listing agent upon request. * This property is part of a larger portfolio sale of tenant occupied homes and multifamily properties - call listing agent for more info.*
Property Type(s):
Residential Income
| Last Updated | 7/9/2026 | Year Built | 1924 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Refrigerator |
| AREA | C42 - Downtown L.A. |
| CONSTRUCTION | Stucco |
| LOT | 7139 sq ft |
| LOT DIMENSIONS | 7138 |
| PARKING | Assigned, Side By Side |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Bungalow |
| VIEW DESCRIPTION | None |
Location
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Listed with Compass
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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