Listing ID : OC21090294
-
Beds
8 -
Lot Size
5,562 Sqft
Description
Please do not disturb Tenants. Drive-by only. DONT miss this incredible income property with 4 units! NO RENT CONTROL. PRIME LOCATION! Close to Rams Football SoFi Stadium, LAX, The Forum, Hollywood Park Casino, and much more. Easy access to major freeways 105, 405, and 110. There are 2 buildings: Building #1 - 2 units. Each unit has 2 bedrooms and 1 full bath and haft bath downstairs. Building #2 - 2 units. Each unit has 2 bedrooms and 1 bathroom. Long-time tenants. Rents are way under the market price. CAP Rate of 5% currently. New owners can easily increase the rent to get to a Pro Forma CAP Rate of 7%. Each unit comes with a carport space located in the back of the building and 1 additional carport is renting to the tenant. All units are in good condition. The property is 100% occupied and will be delivered As-Is at the close of escrow.
Details
Show More
Interactive
Directions to here from:
Area Information 90304
Population:
45.64%Female
72.34%Rented
3.63%Vacant
5.2%Associate
10.47%Bachelor
2.99%Graduate
History
| Date | Transaction | Price | Mortgage Amt & Lender |
|
Date
Oct 28, 2021
|
Transaction
Expired - Residential IncomeOC21090294
|
Price
$1,250,000
|
Mortgage Amt & Lender
-
-
|
