REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

May

Sat

May

Sun

Jun

Diego Magdaleno

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

$1,750,000

Est. payment - /mo

5,270 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25102593

HOA Y/N No

Year Built 1965

Lot Size 5,270 Sqft

Property Sub-Type Quadruplex

Property Description

We are proud to present a cash flowing 4 unit building north of the 10 freeway in Mid City / West Adams! Each unit is spacious and consists of 3 bedrooms and 2 baths. One 3 bedroom / 2 bath unit will be delivered VACANT and a buyer can immediately realize monthly rental income of $3,400 for that unit! Outstanding annual income of appx. $132,948, GRM of 13.2, and cap rate of 5.1% when vacant unit is rented! 3 of the 4 units have in-unit washer/dryers and there is also a community laundry room for tenants' convenience. Capital improvements include a new roof in 2017 and interior remodeling of 3 units (including the vacant unit) with new kitchens, bathrooms, and flooring. Separately metered for gas and electric and building includes 4 uncovered parking spaces in a back parking lot. Situated in a bustling and highly desired rental market, the building is centrally located minutes away from the LACMA, La Brea Tar Pits, Petersen Museum, and a short drive from Culver City, Beverly Hills, and Downtown LA.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Parking Features Uncovered

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5063007081

Energy Description 1130.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Read Less Info

Listed by Anie Mayelian • Keller Williams Realty Calabasas • 818-915-9118

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(714) 681-1222

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

2309 Hauser BLVD Los Angeles, CA 90016