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Listed by Matias Stofenmacher • Edgestone Real Estate, Inc.
$ 1,260,000
Est. payment | /mo
3,337 SqFt
$ 1,260,000
Est. payment | /mo
3,337 SqFt
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,337 sqft
Price per Sqft $377
MLS Listing ID PW-26058242
Year Built 1910
Lot Size 9,232 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
We are pleased to present this well-maintained 5-unit asset delivering exceptionally high day-one cash flow, with an over 8.6% CAP rate and an ultra-low 9.06 GRM—a true turnkey, low-touch investment. Exceptionally high cash flow from day one with no deferred maintenance, this fully occupied compound features a massive remodeled single-family home in front and two fully remodeled detached duplexes in the rear, all on an oversized 0.2-acre lot. Every unit has been taken to the studs and rebuilt, leased at near-market rents with landlord-friendly terms, and RUBS-ready so tenants can pay all utilities—including water and trash—if the new owner chooses. Located directly across from a highly rated elementary school, the property sits in unincorporated Los Angeles County (NO DWP!), offering one of the highest day-one cap rates available in Los Angeles with even more rental upside ahead. First time on the market in nearly 40 years and not subject to Los Angeles City RSO or LAHD inspections. Bring your investors!
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry None
Exterior
Pool None
Community Features Sidewalks
Building
Lot Description Lot 6500-9999, Rectangular Lot
Sewer Public Sewer
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114