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This prime 9-unit building is located between 1-2 miles from the SoFi Stadium, the new Intuit Dome, the Forum and Hollywood Park. Building has been updated with plumbing, kitchens, counter tops, granite counter tops, water heaters, outside paint, electric entry gate, windows, HVAC and much more.There is mix of (1) 3-Bed/2,5-Bath, (1) 2-Bed/2-Bath, (4) 1-Bed/1-Bath and (3) Studios/1-Bath. The property offers a very strong cash flow with room to grow. It has a current 12.9 GRM and a 5.5% cap rate. The property is fully occupied with low maintenance, laundry room and great curb appeal. It is walking distance to public transportation, schools and stores.
Last Updated | 8/30/2024 | Year Built | 1964 |
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Community | Lennox | County | Los Angeles |
Additional Details
AREA | Lennox |
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GARAGE | Assigned, Carport |
HEAT | Radiant |
LOT | 9095 sq ft |
LOT DESCRIPTION | 0-1 Unit/Acre |
PARKING | Assigned,Carport |
POOL DESCRIPTION | None |
SEWER | Public Sewer,Sewer Tap Paid |
STORIES | 2 |
WATER | Public |
ZONING | LCR3YY |
Location
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