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Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
$1,400,000
Est. payment /mo
2,256 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $620
MLS Listing ID CRSB25094056
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 4,783 Sqft
Property Sub-Type Quadruplex
Property Description
Built in 1958, this well-maintained multifamily property offers a desirable unit mix of two 2-bedroom/1-bath and two 3-bedroom/2-bath units, on a 4,783 SF lot zoned LCR4*. With low operating expenses and easy management, this asset presents a strong investment opportunity at a 10 GRM and a 7.6% cap rate, based on the current monthly rental income of $11,620. An upcoming 4% rent increase offers additional upside potential.** Ideally located just 1.9 miles from USC and East Los Angeles College, and approximately 2.2 miles from the Soto Metro Station, the property benefits from both tenant demand and excellent transit accessibility.
Location
State CA
County Los Angeles
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Laundry No Hookups
Building
Water Public
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