3330 ALICE Street

Los Angeles , CA 90065

MLS#: 18387132

$1,050,000

Status: Closed
Listing number: 18387132
Listing provided by: Remax Commercial and Investmen
Listing agent phone: None
Last update: 2 years ago
On site: 6 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1924

Sq.Footage

N/A

Pleased to present for sale this charming 7 Unit Multi-Family building in the gentrifying neighborhood of Cypress Park! The investment is a 7 Unit single story bungalow style building with (1) Non-Conforming Studio Unit, with the remainder of the (6) Units being 1 Bedroom & 1 Bath. (2) Of the units have been extensively renovated and achieving strong rental income. While the property boasts strong in-place returns, an astute and hands-on investor will have the opportunity to increase rents to market - with nearly 30% upside potential. The property amenities include a laundry room with 1 washer and 1 dryer and storage. DO NOT WALK ON PROPERTY OR DISTURB TENANTS - DRIVE BY ONLY!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

Exterior

  • Garage

    No

  • Parking

    Other

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1492

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,050,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

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Location

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Los Angeles

Elementary School

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Listing Courtesy of Eric Dilanian , Remax Commercial and Investmen

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Pleased to present for sale this charming 7 Unit Multi-Family building in the gentrifying neighborhood of Cypress Park! The investment is a 7 Unit single story bungalow style building with (1) Non-Conforming Studio Unit, with the remainder of the (6) Units being 1 Bedroom & 1 Bath. (2) Of the units have been extensively renovated and achieving strong rental income. While the property boasts strong in-place returns, an astute and hands-on investor will have the opportunity to increase rents to market - with nearly 30% upside potential. The property amenities include a laundry room with 1 washer and 1 dryer and storage. DO NOT WALK ON PROPERTY OR DISTURB TENANTS - DRIVE BY ONLY!

3330 ALICE Street

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