This property is a high-revenue-generating cash cow with a cap rate of over 7%, but yet has an upside in rent making it an exceptional investment opportunity. Externally, the building has undergone extensive upgrades, including new stucco, fresh paint, and the installation of a new electrical panel, and roof, ensuring long-term durability and reduced maintenance costs. Internally, all units have been extensively remodeled with updated electrical systems, new piping, modernized kitchens and bathrooms, and upgraded flooring, enhancing tenant appeal and rental value. Additionally, its prime location with easy access to the freeway and close distance to schools and workplaces makes it highly attractive to tenants, ensuring strong occupancy rates. With its fully upgraded condition, modern amenities, and high demand, this property offers strong and consistent rental income, making it a lucrative, low-maintenance investment for serious investors.
Property Type(s):
Commercial
|
Last Updated
|
3/25/2025
|
Year Built
|
1927
|
|
County
|
Los Angeles
|
Additional Details
| GARAGE |
Other |
| HEAT |
Wall Furnace |
| LOT |
6534 sq ft |
| PARKING |
Other |
| UTILITIES |
Other Water/Sewer |
| WATER |
Other |
| ZONING |
LAR3 |
Listing provided by Meran Solamany | 310-666-7822Keller Williams Beverly Hills
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Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/10/25 9:28 PM PDT.
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