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.
Listing courtesy of Listing Agent: Jocelyn Guardado (jocelyn.guardado.j@gmail.com) from Listing Office: Compass.
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.