Description: Stable Income • Prime Location • Future Upside
Property Highlight
- 4 Spacious Units
- Four 2-Bedroom, 1-Bath Units
- Fully occupied with long-term tenants
- Stable rental income
- Separately metered gas & electricity
- Seller pays only water & trash
- Located directly across from a neighborhood park
- Close to schools, shopping, freeways, and Downtown Los Angeles (DTLA)
Investor Highlights
- Excellent cash flow from day one
- Opportunity to add value with cosmetic updates
- Zoned LCR3YY (Potential for ADU or future improvements)
- Low-maintenance exterior
- Ideal for a 1031 Exchange or long-term investment hold
Financial Information
- Annual Gross Rent: $67,944
- Estimated NOI: $57,933
- Actual GRM: 14.11
- Estimated Cap Rate: 6.04%
Agent Information
Vania Rincon
Senior Real Estate Consultant
Phone: 323-804-9854
Email: vaniarincon@vr-team.com
DRE#: 01489265
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