Exceptional 19-unit multifamily investment opportunity in Los Angeles featuring strong in-place income and significant long-term upside potential. Property consists of eighteen 1-bedroom/1-bathroom units and one studio unit with current average rents exceeding $1,800 per unit. Several renovated units feature updated kitchens, bathrooms, flooring, and modern finishes. The property offers approximately $409,080 in gross annual income and is centrally located near major transit corridors, employment centers, shopping, and dining. Ideal opportunity for investors seeking stable cash flow with future rental growth potential in a high-demand rental market. Buyer to independently verify all information including square footage, permits, zoning, and financials.
| MLS # | 26830237 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 163 |
| Listing Provided By | Compass | Jocelyn Guardado |
| Bed(s) | 18 |
|---|---|
| Bath(s) | 19 |
| SQ Feet | 10,794 |
| Story(s) | 2 |
| Units | 19 |
| Building(s) | 1 |
| Zoning | LAC2 |
| Acreage | 0.23 |
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Appliances | Refrigerator, Dryer, Washer |
| Parking Features | Assigned |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90044) | |
Price: $4,999,000 low | high Med: $1,012,500 sqft: 10,794 low | high Med: 3,548 $ / sqft: $463 low | high Med: $288 On site: 163 low | high Med: 160 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
| Listing VS Median (in 90044) | |
Price: $4,999,000 low | high Med: $1,012,500 sqft: 10,794 low | high Med: 3,548 $ / sqft: $463 low | high Med: $288 On site: 163 low | high Med: 160 | |