Well-priced 4-unit property in South Los Angeles, offered at $237,000 per unit and $357/SF. Current income supports a 8.01% Cap Rate and 9.18 GRM, making it a solid cash-flowing investment from day one. The building features 4 parking spaces with secure entry, a great amenity for tenants. The two story structure was built in 1959 and sits on a 4,655 square foot lot that is zoned LAR2. The construction of the property is wood-frame stucco. Great opportunity for investors looking for a simple, flexible property with upside in a growing neighborhood.
Listing courtesy of Listing Agent: Aaron Jacobson (aaron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Boris Almengor from Lyon Stahl Investment Real Est
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