Metropolitan Southwest (C36) Homes with Uncovered Parking features

Metropolitan Southwest (C36) Homes with Uncovered Parking features

Welcome to the vibrant heart of the Metropolitan Southwest (C36) region, nestled within the sprawling city of Los Angeles, California. This dynamic area is a true blend of urban sophistication and laid-back California charm, making it one of the most sought-after locales in the greater Los Angeles County.

Metropolitan Southwest is characterized by its diverse neighborhoods, each offering a unique flavor of life. From trendy cafes and eclectic shops to lush parks and cultural landmarks, this region is a tapestry of experiences waiting to be explored. Residents enjoy easy access to major freeways, ensuring seamless commutes to downtown LA and beyond, while still being able to retreat to the serene ambiance of their communities.

One of the standout features of homes in this area is the availability of properties with uncovered parking. In a city where parking can often be a challenge, these homes provide a practical solution for residents who value convenience. Whether you’re a busy professional needing quick access to your vehicle or a family with multiple cars, having uncovered parking can make life just a little easier.

Imagine returning home after a long day to your cozy abode, parking just steps away from your front door. With various styles of homes available, from charming bungalows to modern townhouses, you’ll find the perfect fit for your lifestyle in Metropolitan Southwest. Embrace the vibrant culture, enjoy the ease of uncovered parking, and discover your dream home in this iconic Los Angeles neighborhood. Welcome home!

Newest Metropolitan Southwest (C36) Homes with Uncovered Parking features

$1,025,000
10 Beds 5 Baths 26874205 MLS Active Status
BRC Advisors is please to offer 837 W. 85th Street, a fully occupied five-unit multifamily investment property located in Los Angeles, California 90044. The property offers an attractive and diversified unit mix consisting of one four-bedroom, two-bathroom single-family residence, two two-bedroom, one-bathroom units, and two one-bedroom, one-bathroom units. The improvements total approximately 3,896 rentable square feet and are situated on an approximately 5,003-square-foot lot. The property also provides ample on-site parking for residents. Offering Memorandum provided in LoopNet Listing. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB THE TENANTS 2) Interior Inspection/Books & Records Granted with an Accepted Offer. 3) Submit Proof of Funds along with Offer. Broker/agent do not guarantee the accuracy of the square footage, lot size, development potential, or any other information concerning the conditions or features of the property provided by the Seller or obtained from public records or other sources. Buyer is advised to independently verify and complete own due diligence to verify accuracy of all information through physical and personal inspections and with appropriate professionals. Offered at $1,025,000, the property represents a stable, income-producing investment opportunity with an attractive 7.71 gross rent multiplier and a 7.98% capitalization rate. The property is currently fully occupied, providing an investor with immediate and consistent rental income from the date of acquisition. Recent capital improvements include the installation of a new roof in 2023, and three of the five units have been remodeled. The property has also received its required SB 721 balcony and exterior elevated-element clearance, reducing near term capital exposure for a new owner. With its strong current cash flow, favorable unit mix, recent improvements, and full occupancy, 837 W. 85th Street offers investors a compelling opportunity to acquire a stabilized multifamily asset at an attractive basis in the Los Angeles market.

837 W 85th Street, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.