
Description
Looking for a true value income property? Here it is!! This 6 unit multi-family income property offers: 4 separate buildings on 1 Corner Lot. Lot total square footage is 6847. LAR4 Zoning, 1Unit currently VACANT. The opportunity to own a Strong & centrally located rental pocket 2 miles from USC & DTLA (a dense rental market), 1 block from LA Metro Line at Exposition. A 6Unit Mix of: 5units are 1 BED/ 1BA, & 1unit is a Single. 2- 1BED units are approx 750 sqft ea, 2- 1BED units approx 583 sqft ea., & 1 BD & single units approx 381 sqft ea. Total SQ FT 3428 living space. Incredible opportunity for projected cash flow. PROJECTED Market Rents: 2 units $1750/ea, 2units $1600/ea, 2units $1100/ea =$9000/mo. Great estimated rate of return. Separately metered for Gas & electricity except for 2 Single units are combined. 2-1 car garages & 3 uncovered parking spaces. Each unit has own Address, Entrance and Mailbox. Property sold in AS-IS condition.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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3,428SQFT
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$292$/SQFT
School Ratings & Info
Description
Looking for a true value income property? Here it is!! This 6 unit multi-family income property offers: 4 separate buildings on 1 Corner Lot. Lot total square footage is 6847. LAR4 Zoning, 1Unit currently VACANT. The opportunity to own a Strong & centrally located rental pocket 2 miles from USC & DTLA (a dense rental market), 1 block from LA Metro Line at Exposition. A 6Unit Mix of: 5units are 1 BED/ 1BA, & 1unit is a Single. 2- 1BED units are approx 750 sqft ea, 2- 1BED units approx 583 sqft ea., & 1 BD & single units approx 381 sqft ea. Total SQ FT 3428 living space. Incredible opportunity for projected cash flow. PROJECTED Market Rents: 2 units $1750/ea, 2units $1600/ea, 2units $1100/ea =$9000/mo. Great estimated rate of return. Separately metered for Gas & electricity except for 2 Single units are combined. 2-1 car garages & 3 uncovered parking spaces. Each unit has own Address, Entrance and Mailbox. Property sold in AS-IS condition.
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