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Portfolio-Enhancing Asset with Strong Fundamentals: Investors seeking stable returns and long-term growth will appreciate this dual-property investment. The current pro forma projects a 7.24% cap rate (buyer to verify), driven by two well-maintained homes: a 3-bed/2-bath front house and a newer, 4-bed/3-bath rear house (built 2012). The oversized lot provides potential for future value appreciation and/or expansion. Benefit from separate utilities, minimizing landlord expenses, and ample parking, maximizing tenant satisfaction. Contact us for a detailed financial analysis and due diligence package.
Last Updated | 2/4/2025 | Year Built | 1920 |
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Community | Los Angeles Southwest | Garage Spaces | 2.0 |
County | Los Angeles |
Additional Details
AIR | None |
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AREA | Los Angeles Southwest |
GARAGE | Driveway, Garage, Yes |
HEAT | Wall Furnace |
INTERIOR | Ceiling Fan(s), Crown Molding, Open Floorplan |
LOT | 7002 sq ft |
LOT DESCRIPTION | Back Yard, Near Public Transit, Walkstreet, Yard |
PARKING | Driveway,Garage |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: 220 Volts |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | LARD2 |
Location
Contact us about this Property
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