Request More Info
Schedule a Showing
Share
Print
|
Just reduced! Large 5 unit building with (3) 3-Bed Units, (1) Large 2-Bed Unit, and (1) 1-bed unit in the excellent neighborhood of South Wrigley. The building is conveniently located less than a mile from the 710 Freeway, less than 2 miles from the 405, and just 2 miles North of the beach. Attractive residential tree-lined street.The property is priced to sell at 10.86 GRM and a current cap rate of 5.66%. There is approximately 7% upside in income to a market cap rate of 6.3%. It has fresh exterior paint and the electrical system was just updated in September of 2024. There is also a detached garage building off of the back alley that has 4 spots in 3 separate garages. Perfect ADU opportunity.
Property Type(s):
Residential Income
| Last Updated | 11/21/2024 | Tract | Wrigley Area (WR) |
|---|---|---|---|
| Year Built | 1928 | Community | Wrigley Area |
| Garage Spaces | 4.0 | County | Los Angeles |
Price History
| Prior to Nov 21, '24 | $1,399,000 |
|---|---|
| Nov 21, '24 - Today | $1,350,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Oven, Gas Range |
| AREA | Wrigley Area |
| GARAGE | Garage Faces Rear, Yes |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | Laminate Counters, Quartz Counters |
| LOT | 6399 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Mediterranean |
| SUBDIVISION | Wrigley Area (WR) |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: 220 Volts |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LBR2N |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Buckingham Investments, Inc
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 2024.
Twitter
Facebook
Email