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Beautiful Pride-of-Ownership Property in PRIME Location!!! Charming courtyard-style apartment complex consisting of 8 residential units"”6 one-bedroom units and 2 two-bedroom units"”along with 4 street-facing commercial spaces on 9th Street, occupied by a long-term tenant (lease in place through April 2030 with built-in annual increases). **Major capital improvements include: soft-story retrofit, new roof, upgraded main drain, new garage doors, exterior repainting, and interior unit renovations. The property has 6 private garages, additional on-site parking, and common laundry facilities. **Offered at an attractive 11.1 GRM and 5.9% cap rate on existing income, the property also presents clear upside potential through future rent growth. This turnkey property offers a compelling mix of residential stability and commercial frontage in a high visibility, desirable location. ** Qualifies for favorable multifamily financing, making this a turnkey opportunity for investors seeking long-term performance with minimal maintenance and easy management.
Property Type(s):
Commercial
| Last Updated | 2/4/2026 | Year Built | 1964 |
|---|---|---|---|
| Community | 183 - Vista Del Oro | County | Los Angeles |
Additional Details
| AREA | 183 - Vista Del Oro |
|---|---|
| LOT | 8355 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 8354 |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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