$ 1,050,000
-
$1,050,000
Price -
6
Bed -
6
Bath -
4,186
SqFt
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About the Listing OC06391 - OCNOHBRIA
$50K PRICE REDUCTION! Actual 9.3 GRM/7.0% Cap Rate! This is a unique opportunity to acquire a 6 unit multifamily property located in unincorporated LA. Built in 1929, this Spanish style property is comprised of two separate buildings totaling 4,186sf and comprised of (6) large 1 bed/1 bath units, with decent layouts, full kitchen & bath, roomy bedroom, washer/dryer hookups, and One unit delivered Vacant and in rent ready condition. The current tenants have good rent histories, and the property offers a strong stabilized investment with built in upside in the rents in a high demand rental market. On a 5,464sf size lot zoned LC-R4, there a total of 6 garages in the rear w/ alley access, providing an ideal opportunity for an ADU conversion. Well located in East Los Angeles near multiple freeways, and near Citadel Outlets. This is a solid investment w/ true value add opportunity!
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances: Gas Range, Refrigerator, Water Heater
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Carpet,Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,Back Yard,Front Yard,Lawn,No Land Lease
- Garage Capacity: 6 car
- Parking Spaces: 6
- Roof: Spanish Tile
- Others: Rain Gutters,Stucco,2+ Total Units,Has ADU
- Sewer: Public Sewer
- Parking Features: Door-Single,Garage,Garage Faces Rear
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5245013015
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1258 S Woods Ave Los Angeles, CA 90022
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