8,001 Sqft Lot
8,001 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25013549
HOA Y/N No
Year Built 1924
Lot Size 8,001 Sqft
Property Description
Don't miss this incredible chance to own a 12-unit, low-maintenance property in the heart of Northeast Los Angeles. Each unit is a single with one bathroom, all currently rented and generating steady income, with the added potential for rent increases as leases renew…..
This property boasts six separate buildings, ample gated parking spaces for tenant convenience, and one additional uncovered space. An on-site laundry room provides extra income, further enhancing the investment's value…..
Located in a sought-after neighborhood, the property combines charm and convenience. With a gross rent multiplier (GRM) of 12.2, this property offers a rare opportunity for reliable cash flow and long-term appreciation. The gated parking and added amenities make it an attractive option for tenants, ensuring high occupancy rates in a competitive rental market....
Situated in a prime area of Northeast Los Angeles, the property provides easy access to shopping, dining, and major freeways, making it highly appealing to renters. Its strategic location and income-generating features make this an ideal addition to any investor's portfolio……
Contact us today to explore how you can make this exceptional investment property your own.
Location
State CA
County Los Angeles
Area 623 - Glassel Park
Zoning LAR1
Interior
Fireplace No
Laundry Laundry Room
Exterior
Pool None
Community Features Biking, Dog Park, Fishing, Hiking, Park, Storm Drain(s), Street Lights, Sidewalks, Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5453007029
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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