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Price Just Reduced!! Back on The Market!!THIS 4-UNIT PROPERTY IS A RARE FIND FOR INVESTORS Looking for Great Income, with a Current Gross Schedule Income of $147,300 per Year!!! With a Current Cap Rate at 6.5, Also, The Entire Building was Totally Remodeled Down to the Studs in 2019.The Property Currently has a Newer Roof, Newer Copper Plumbing Throughout, Newer Windows, Newer Interior & Exterior Paint, Newer Laminated Wood and Tile Flooring throughout, Recess Lighting Throughout, Remodeled Kitchens with Newer Wood Cabinets, Granite Countertops, Newer Refrigerators, Stoves, Microwaves, Washers & Dryers, That's Included with the Purchase!! This 4-Unit Building Offers (THREE) 4/Bedrooms 2/Bathrooms & (ONE) 3/Bedrooms with 1/Bathroom. Each Unit is Individually Metered with Gas & Electricity and Currently the Building is 100% Tenant Occupied. This Property Offers Great Gated Parking for Tenants, with (8) Inside Parking Spaces. This Property Wont Last!!
Last Updated | 12/18/2024 | Tract | Poly High (PH) |
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Year Built | 1923 | Community | Poly High |
County | Los Angeles |
Price History
Prior to Dec 6, '24 | $1,799,000 |
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Dec 6, '24 - Dec 18, '24 | $1,749,900 |
Dec 18, '24 - Today | $1,725,900 |
Additional Details
AIR | None |
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APPLIANCES | Dishwasher, Disposal, Dryer, Free-Standing Range, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Portable Dishwasher, Refrigerator, Washer |
AREA | Poly High |
CONSTRUCTION | Copper Plumbing, Stucco |
GARAGE | Assigned, Concrete, Gated, On Site |
HEAT | Wall Furnace |
INTERIOR | Ceiling Fan(s), Granite Counters, Recessed Lighting |
LOT | 6500 sq ft |
LOT DESCRIPTION | 2-5 Units/Acre, Near Public Transit |
PARKING | Assigned,Concrete,Gated,On Site |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 2 |
SUBDIVISION | Poly High (PH) |
UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: 220 Volts in Laundry |
VIEW DESCRIPTION | None |
WATER | Public |
Location
Contact us about this Property
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