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Cash Flow - 7.65% Actual CAP Rate, with a projected 8.0%+/- Year 1 CAP Rate.! This investment offers an exceptional combination of strong in-place cash flow and future upside. Priced at just $196,333 per unit, the property presents an attractive basis, while also being located within an Opportunity Zone offering potential capital gains tax advantages. The asset consists of two separate parcels and is ideal opportunity for a 1031 exchange buyer. Additional features include ample parking consisting of six garages, six open parking spaces, a 2-car tandem driveway. Because this is a 15-unit complex, there also is no requirement for an on-site manager!
Property Type(s):
Residential Income
| Last Updated | 9/18/2026 | Year Built | 1938 |
|---|---|---|---|
| Community | T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AREA | T1 - Vernon, Maywood, Hunt Pk & Bell, N of Florenc |
|---|---|
| GARAGE | Yes |
| LOT | 0.3911 acre(s) |
| LOT DIMENSIONS | 17038 |
| POOL DESCRIPTION | None |
| SEWER | None |
| STORIES | 2 |
| UTILITIES | Sewer Not Available |
| WATER | Public |
Location
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Listed with Pat Swanson
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.
This IDX solution is (c) Diverse Solutions 2026.
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