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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$ 950,000
Est. payment | /mo
4,565 SqFt
$ 950,000
Est. payment | /mo
4,565 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,565 sqft
Price per Sqft $208
MLS Listing ID CRSB25010759
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1926
Lot Size 5,602 Sqft
Property Sub-Type Other
Property Description
Discover this 8-unit multifamily property in South Los Angeles, offering a total of (8) 1-Bed/1-Bath units. With 4,565 SF of rentable space situated on a sizable 5,602 SF lot, this property provides strong in-place income with a 5.14% CAP and a 8.95 GRM. Investors will appreciate the 54% rental upside potential, aligning with a projected market CAP of 10.85% and a market GRM of 5.82. Conveniently located near the 110 Freeway and just moments away from retail and dining options on Manchester Ave, this property is ideally positioned in a highdemand rental market. Don’t miss this opportunity to acquire a well-located asset with significant upside potential.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227