Prime Investment Opportunity High-Yield Income PropertyThis high-performing, revenue-generating property offers a strong cap rate of over 7%, making it an exceptional investment for serious buyers. Extensively upgraded inside and out, the building features newer stucco, fresh paint, a new electrical panel, and a fully inspected and repaired roof, ensuring long-term durability and minimal maintenance costs. Every unit has been completely remodeled, with modernized interiors, updated electrical fixtures, new plumbing, renovated kitchens and bathrooms, and upgraded flooringenhancing tenant appeal and maximizing rental income. With its turnkey condition, modern amenities, and fully occupied units, this property delivers consistent cash flow and strong returns. Ideally located near schools, employment hubs, and shopping centers, it benefits from high tenant demand. The unit mix of six spacious unit 3x 3-bedroom units and 3x 2-bedroom further strengthens its investment value, offering a balance of affordability and strong rental potential. This is a rare opportunity to own a low-maintenance, high-yield property in a prime location. Don't miss out!
MLS# | 25515757 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1961 |
Days On Site | 29 |
Listing Provided By | Keller Williams Beverly Hills 310-432-6400 | Meran Solamany |
Bed(s) | 15 |
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Bath(s) | 6 |
SQ Feet | 4,712 |
Story(s) | 1 |
Units | 6 |
Building(s) | 1 |
Zoning | LAR4 |
Acreage | 0.15 |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90003 |
Area | C37 Metropolitan South |
Listing VS Median (in 90003) | |
Price: $1,895,000 low | high Med: $699,000 SqFt: 4,712 low | high Med: 884 $ / SqFt: $402 low | high Med: $791 On site: 29 low | high Med: 37.000000 |