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Diego Magdaleno

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

$1,300,000

Est. payment - /mo

8 Beds

8 Baths

3,870 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,870 sqft

Price per Sqft $335

MLS Listing ID 25541719

Bedrooms 8

HOA Y/N No

Year Built 1926

Lot Size 8,973 Sqft

Property Description

Here's the value-add deal of the bunch. This 8-unit property offers a nice mix of studio and 1-bedroom units, with current income at a 4% CAP and market potential of 10% CAP. Priced at just $336 per square foot, it's hard to find better bang for your buck in LA right now. Perfect for an investor ready to rollup their sleeves, improve units as they turn, and boost the NOI significantly over time. Can also be purchased with 5155 Henderson Street.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning LACM

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Parking Features None

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5210017021

Special Listing Condition Standard

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Listed by Shaya Braverman • Keller Williams Beverly Hills

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1909 Johnston ST Los Angeles, CA 90031