Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1952
Sq.Footage
N/A
We are pleased to present an excellent opportunity to acquire a stabilized, income-producing 6-unit property featuring a diverse unit mix of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (3) large Studio units, appealing to a broad tenant base. The property is gated and provides tenants with onsite garage parking, including (3) 2-car garages—offering future ADU conversion potential (buyer to verify) for added value and income upside. Landlord expenses are minimal thanks to a RUBS utility billing system and separate gas and electricity metering for each unit, ensuring operational efficiency. With a GRM of 9.67 and a Cap Rate of 7.35%, this asset provides strong in-place cash flow from day one, with upside potential in rental income. At only $192K per unit, it’s priced to sell—an excellent opportunity for savvy investors, value-add players, or 1031 exchange buyers.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
Yes
-
Garage spaces
6
-
Parking
Garage
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Size(acres)
0.1652
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,150,000
-
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
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
6157
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Kristopher German , RE/MAX 2000 REALTY
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