Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1952
Sq.Footage
N/A
We are pleased to present this excellent cash flow opportunity in the Baldwin Hills community of Los Angeles. This eight unit property has a balanced unit mix of four 2 bedroom units and four 1 bedrooms. The complex is situated directly across from the new Kaiser near Marlton and Santa Rosalia. It is also adjacent to the new developments taking place at the Baldwin Hills Mall. With a GRM of 12.6 and a 5.20 CAP rate, this is a fantastic opportunity. Tenants in the area enjoy access to Kenneth Hahn Park, the Stocker Corridor Trails and the Norman Houston Park. Building has been upgraded with new electrical panels and energy efficient windows. This deal will provide a nice 4.78% cash flow from day one with plenty of upside in the rents. Information is from sources deemed reliable but are not guaranteed by the seller or listing broker. PLEASE DO NOT DISTURB TENANTS.
Features & Amenities
Interior
Area & Lot
-
Property Type
Residential Income
Exterior
-
Garage
No
-
Parking
Other
Financial
-
Sales Price
$1,360,000
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jerome McAlpin , McAlpin & Company
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