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Great Los Angeles location! Built in 1922, this well-maintained 6-unit complex features 3 separate buildings including three individual tenant garages, a large 2BR + 1Bath with an additional 1BR + 1Bath unit situated over garages, two additional separate buildings each with one 2BR+1Bath, unit and a one 1BR+1Bath for a total of 6 units. The complex has 3595 square feet of rentable space on a 6611-square-foot lot. Each unit is separately metered for gas, electricity, and water. The owner pays for sewer and trash. The complex is currently 100% occupied on month-to-month tenancy. An astute investor will have the ability to capture roughly 90% in rental upside as tenants vacate or by successfully implementing a “Cash for Keys” program. This property will be delivered with tenants at the close of escrow. Please submit a complete offer to view the property. Only potential buyers with accepted offers will be allowed to view the inside of individual units.
Property Type(s):
Commercial
| Last Updated | 9/23/2024 | Year Built | 1923 |
|---|---|---|---|
| Community | Mid Los Angeles | County | Los Angeles |
Price History
| Prior to Sep 23, '24 | $1,800,000 |
|---|---|
| Sep 23, '24 - Today | $1,500,000 |
Additional Details
| AREA | Mid Los Angeles |
|---|---|
| LOT | 6611 sq ft |
| LOT DESCRIPTION | 6-10 Units/Acre |
| STORIES | 1 |
| WATER | Public |
| ZONING | LCR3YY |
Location
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Listed with Dynasty R.E. 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.
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