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Diego Magdaleno

1Vision Real Estate

diego@1visionproperties.com +1(714) 376-8652

$3,075,000

Est. payment - /mo

6,608 Sqft Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25032206

Construction Status Turnkey

HOA Y/N No

Year Built 2021

Lot Size 6,608 Sqft

Property Sub-Type Apartment

Property Description

Prime Investment Opportunity Near USC!
Exceptional multi-unit property featuring four spacious units—three with 5 beds/5 baths and one with 5 beds/4 baths. Designed with open layouts, high ceilings, and modern finishes, each unit offers a bright and airy living space.
This secure, gated property includes three garages plus five uncovered guest parking spaces, ensuring ample parking. Each unit has separate utility meters, allowing for independent billing. Fully furnished with sleek stainless steel appliances, this turn-key investment is ideal for strong rental demand.
With a projected cap rate of 6.5% at full occupancy and an 90% current occupancy rate, this property presents an incredible income-generating opportunity. Located near major freeways for easy access to surrounding areas, this high-demand rental location is perfect for investors seeking strong cash flow and appreciation potential.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Balcony, High Ceilings, Open Floorplan

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 3.0

Garage Description 3.0

Fence New Condition

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Flat

Total Parking Spaces 8

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5056016018

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

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Listed by Danial Yasrebi • Realty One Group West • 949-303-8505

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1805 S New England ST Los Angeles, CA 90006