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Smith Realty Collective is pleased to present this incredible cash-flowing 7-unit building just blocks away from the prestigious USC, LA Coliseum, and BMO Stadium. Currently generating an attractive 8.5% CAP rate, this property offers investors immediate cash-flow potential in one of Los Angeles' most dynamic and rapidly evolving areas. Adding to the investment appeal, the property is located within an Opportunity Zone, potentially providing qualifying investors with valuable federal tax benefits, including capital-gains deferral and other potential tax advantages. But the upside doesn't stop there. The sale includes approved Ready-to-Issue (RTI) plans for four additional ADUs at the rear of the property, creating a compelling opportunity to significantly increase the property's unit count, rental income, and overall values. This is the kind of value-add multifamily opportunity sophisticated investors look for: strong in-place cash flow with meaningful potential for future growth. Opportunities combining current income, strategic location, and substantial development upside are increasingly difficult to find. For investors seeking cash flow today and additional upside tomorrow, this property deserves a serious look.
Property Type(s):
Residential Income
| Last Updated | 9/8/2026 | Year Built | 1949 |
|---|---|---|---|
| Community | C34 - Los Angeles Southwest | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C34 - Los Angeles Southwest |
| HEAT | Central |
| LOT | 7876 sq ft |
| LOT DIMENSIONS | 7876 |
| PARKING | Electric Gate |
| STORIES | 2 |
Location
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Listed with Coldwell Banker Realty
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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