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$ 1,248,000
Est. payment | /mo
10 Beds
5 Baths
3,603 SqFt
$ 1,248,000
Est. payment | /mo
10 Beds
5 Baths
3,603 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,603 sqft
Price per Sqft $346
MLS Listing ID 26641655
Bedrooms 10
HOA Y/N No
Year Built 1921
Lot Size 5,593 Sqft
Property Description
This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8% cap rate with a 9.12 GRM, 10.23% pre-tax cash flow. By simply turning the Front House Buyer could achieve an estimated 9.27% cap rate, 8.25 GRM and 14.08% pre-tax cash flow with an estimated investment of $80,000 for tenant buyout and upgrading interior & adding a bedroom to make the SFR a 3+1 House.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 4
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6020008031
Special Listing Condition Standard
Listed by Kelly Morgan Houze Real Estate Management