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Listed by George Mairena • Imperial Properties
$1,425,000
Est. payment /mo
4,692 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,692 sqft
Price per Sqft $303
MLS Listing ID CRDW25220639
HOA Y/N No
Year Built 1963
Lot Size 6,324 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
FOR SALE: 5-Unit Apartment Complex – Prime Investment Opportunity Discover this well-maintained apartment complex, each featuring 2 bedrooms and 2 bathrooms. With consistent occupancy and long-term tenants, this property offers a rare opportunity for investors seeking reliable income and minimal turnover. Property Highlights: Unit Features: Each unit includes a mixture of luxury vinyl flooring, laminate, and some carpet flooring, kitchens with electric stovetop ranges, built-in ovens, and in-unit electric water heaters. Parking: 5 covered carport spaces available onsite. Laundry: Shared coin-operated laundry machines (leased). Upgrades: New electric subpanels installed at each unit in 2025. Management: Professionally managed for the past 10 years, ensuring smooth operations and upkeep. Income: Strong rental history with nearly $10,000 in gross monthly income. This property is a fully electric building with reliable systems, stable tenancy, and strong cash flow—making it an excellent addition to any investment portfolio.
Location
State CA
County Los Angeles
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl, Carpet
Fireplace No
Laundry Other
Building
Lot Description Other, Front Yard
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613