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Listed by Jeffrey Isenberg • Buckingham Investments, Inc
$ 869,000
Est. payment | /mo
5,129 Sqft Lot
$ 869,000
Est. payment | /mo
5,129 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24211066
Year Built 1923
Lot Size 5,129 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 12.33 GRM and 5.4 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Rooms
Kitchen Microwave, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry None
Exterior
Parking Features No Parking
Pool 31, None
View None
Roof Type Flat / Low Pitch
Building
Story One Story
Water District - Public
Others
Tax ID 6038021001
Special Listing Condition Not Applicable
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Ryan Mull
Broker-Associate | Lic# 01329887