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JLee Broker

[email protected] +1(650) 857-1000

Listed by Jasmine Bonnell, DRE #02079082 • Pinnacle Estate Properties, Inc.

$875,000

Est. payment - /mo

5,200 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26178656

Year Built 1932

Lot Size 5,200 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Positioned in the heart of Mid City Los Angeles, this gated two story 4 plex presents an attractive opportunity for investors seeking both immediate rental income and long-term flexibility.The property features four separate units two 2 bedroom units and two 1 bedroom units each offering a functional layout with living space, kitchen, and bedrooms. On site parking and a fully gated configuration add convenience and security for residents. Location is a major advantage. The property is minutes from SoFi Stadium, Intuit Dome, LA Live, the Los Angeles Memorial Coliseum, and BMO Stadium, while USC is approximately 4 miles away and LAX is about 10 miles east. With easy access to some of Los Angeles' most prominent destinations, the property is positioned in an active residential market with strong connectivity. For investors, the property offers an approximate 6.55% cap rate, creating an opportunity to acquire an income producing multifamily asset in a highly desirable Los Angeles location. Adding another layer of potential, the property offers mixed use possibilities, with space that may provide an opportunity for commercial use on the ground level and residential living above, subject to applicable zoning and local regulations. This flexibility could appeal to investors looking to

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Cooling Central AC

Flooring Laminate

Laundry None

Exterior

Garage Spaces 4.0

Pool None

Building

Foundation Concrete Slab

Water District - Public

Others

Tax ID 6018008023

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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7319 S Normandie Los Angeles, CA 90044

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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