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Investor' s Prime location, just minutes away from Downtown LA, USC, BMO Stadium, George Lucas' Billion Dollar Museum, Thomas Jefferson High School and Exposition Park, where the 2028 Olympics will be held! The property consists of 7 large UNITS / 2 two story buildings , with an attractive combination of existing income and long-term upside, a great unit mix consisting of (4) 2 Bed / 1 Bath, (3) 1 Bed / 1 Bath units. Excellent in-place cash flow on day one, with the benefit of an additional of 35% upside in rents. POSITIVE cash on cash return with current rents. ESTIMATED 7.36 % cap rate, 9.21GRM. Electric and Gas utilities for both buildings are separately metered. Inside with an accepted offer. Fully occupied building , do not disturb tenants . call agent for ore information and Make an offer on the car form RIPA.
Property Type(s):
Residential Income
| Last Updated | 9/28/2026 | Year Built | 1929 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Oven, Refrigerator, Washer |
| AREA | C42 - Downtown L.A. |
| HEAT | Natural Gas, Space Heater, Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 5149 sq ft |
| LOT DIMENSIONS | 5150 |
| PARKING | None |
| STORIES | 2 |
Location
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Listed with ZARA Equity Corp.
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