Prime West LA 6-Unit Investment Property Over 5% Cap Rate! Located in the heart of West Los Angeles, this well-maintained 6-unit property is a prime investment opportunity in one of the city's most sought-after rental markets. Boasting a strong cap rate of over 5%, this fully occupied property generates excellent income with great rents in place. The property features one spacious 3 bed, 3 bath unit, five well-kept 1 bed, 1 bath units, a charming courtyard setting offering a classic West Coast vibe, and two interconnected buildings enhancing privacy and curb appeal. It is situated in an ultra-walkable neighborhood where tenants enjoy easy access to trendy restaurants, bars, and shops, making this an incredibly desirable rental location. With solid income and long-term growth potential, this West LA gem is a must-see for savvy investors! Don't miss out on this rare opportunity!
MLS# | 25510237 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1953 |
Days On Site | 29 |
Listing Provided By | Pardee Properties 310-907-6517 | Tyler Kunkle |
Bed(s) | 8 |
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Bath(s) | 8 |
SQ Feet | 3,692 |
Garage | 5 |
Story(s) | 2 |
Units | 6 |
Building(s) | 2 |
Zoning | LAR3 |
Acreage | 0.16 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90025 |
Area | WLA West Los Angeles |
Listing VS Median (in 90025) | |
Price: $2,295,000 low | high Med: $5,950 SqFt: 3,692 low | high Med: 1,763 $ / SqFt: $622 low | high Med: $3 On site: 29 low | high Med: 69.500000 |