$ 1,195,000
-
$1,195,000
Price -
10
Bed -
6
Bath -
3,312
SqFt
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About the Listing SB1310620 - SBJACOAAR
IDEAL OWNER/USER OPPORTUNITY! FULLY RENOVATED FRONT HOUSE PERFECT FOR OWNER/USER OR INVESTOR 162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 3 of 4 units delivered vacant. The property features a great mix of units including a large, vacant 4-bedroom/2-bath front house, along with three additional units consisting of (1) 1-bedroom/1-bath, (1) 2-bedroom/1-bath, and (1) newly constructed 3-bedroom/2-bath unit. The variety of unit sizes makes it attractive to a wide range of renters. With a majority of the units delivered vacant, the next owner has the flexibility to lease the units at full market rents from day one. Based on market rents, the property has the potential to generate over $11,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property could also be ideal for an owner-user looking to live in the front house while collecting income from the other units to help offset their mortgage. The property is conveniently located in South Los Angeles with easy access to Downtown LA, USC, and the growing Inglewood area, along with major transportation routes and employment centers throughout the city.
Listing Highlights
Status
Active
Days on Site
24
Property Type
Multi-Family
MLS ®
SB26049592
Year Built
1941
Total Square Footage
3,312
Lot/Acreage
0.15
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 10
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6012001033
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
162 W 65th St Los Angeles, CA 90003
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