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Listed by Mazdak Sarehkhani • Mazdak Sarehkhani
$729,900
Est. payment /mo
1,166 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,166 sqft
Price per Sqft $625
MLS Listing ID CRSR25170709
HOA Y/N No
Year Built 1955
Lot Size 2,553 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
This QUAD is great for an FHA buyer who can live in the VACANT STUDIO while renting out the other 3 units. It provides a great income for any home buyer or investors who would like to have a positive cash flow from day way. POSSIBLY ZONED FOR A MOTEL- BUYER TO CONFIRM! The units are THREE studios and ONE - 1 bedroom 1 bath with one of the STUDIO's BEING DELIVERED VACANT! Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750 and $950 for each studio and one studio is becoming vacant while the 1 bedroom is getting $1850 in rent. In addition, the 3 parking spots are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go). A TOTAL OF $6300 monthly income or $75,600/ annual income with the last studio being rented out at $1750 as well and a TOTAL OF $81,400/ annually including the parking income. This wont last so submit your offer today!
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613