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8-Unit Apartment Building | First Time on Market in 26 Years! Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
Property Type(s):
Residential Income
| Last Updated | 10/3/2025 | Year Built | 1955 |
|---|---|---|---|
| Community | 122 - Harbor Gateway | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Range, Water Heater |
| AREA | 122 - Harbor Gateway |
| CONSTRUCTION | Concrete, Stucco |
| HEAT | Natural Gas, Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 8067 sq ft |
| LOT DESCRIPTION | Back Yard, Rectangular Lot |
| LOT DIMENSIONS | 89 x 90 |
| PARKING | Assigned, Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listed with Porter Heritage
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