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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$3,625,000

Est. payment - /mo

6,250 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25173070

HOA Y/N No

Year Built 1925

Lot Size 6,250 Sqft

Property Sub-Type Mixed Use

Property Description

Introducing a newly remodeled 23-unit multifamily investment opportunity in the heart of Historic South Los Angeles offered at a 7.0% Cap Rate!! This upgraded residential community features a strong unit mix of 20 studios and 3 one-bedroom apartments, with 19 units fully gut-renovated and outfitted with brand-new systems and modern finishes. Residents enjoy a host of desirable amenities, including on-site laundry, high-speed Wi-Fi, and cable television—all included for added convenience. Outdoor common areas feature a half basketball court with a hoop, a picnic table, and a BBQ grill, creating a welcoming space for recreation and relaxation. The property also includes a designated smoking area and is secured with a video surveillance system.
Ideal for investors seeking stable cash flow with minimal deferred maintenance, this turnkey asset offers modern living in a culturally rich and growing neighborhood.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5128009006

Energy Description 9035.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by Everett Wong Greysteel California, Inc. 310-382-6705

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440 E 27th ST Los Angeles, CA 90011