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Listed by Luis Sanchez • LUIS SANCHEZ, BROKER
$ 1,499,999
Est. payment | /mo
2,376 SqFt
$ 1,499,999
Est. payment | /mo
2,376 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,376 sqft
Price per Sqft $631
MLS Listing ID CRCV25013549
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1924
Lot Size 8,002 Sqft
Property Sub-Type Other
Property Description
Exceptional Investment Opportunity in Northeast Los Angeles!... Don’t miss this incredible chance to own a 12-unit, low-maintenance property in the heart of Northeast Los Angeles. Each unit is a single with one bathroom, all currently rented and generating steady income, with the added potential for rent increases as leases renew….. This property boasts six separate buildings, ample gated parking spaces for tenant convenience, and one additional uncovered space. An on-site laundry room provides extra income, further enhancing the investment's value….. Located in a sought-after neighborhood, the property combines charm and convenience. With a gross rent multiplier (GRM) of 12.2, this property offers a rare opportunity for reliable cash flow and long-term appreciation. The gated parking and added amenities make it an attractive option for tenants, ensuring high occupancy rates in a competitive rental market.... Situated in a prime area of Northeast Los Angeles, the property provides easy access to shopping, dining, and major freeways, making it highly appealing to renters. Its strategic location and income-generating features make this an ideal addition to any investor’s portfolio…… Contact us today to explore how you can make this exceptional investment property your o
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Laundry Room
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227