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$ 1,750,000
Est. payment | /mo
13 Beds
6 Baths
0.51 Acres Lot
$ 1,750,000
Est. payment | /mo
13 Beds
6 Baths
0.51 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26157921
Bedrooms 13
Lot Size 0.514 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to acquire a 7-unit multifamily property featuring all single-story construction on a large 22,400+ sq. ft. lot. Offering a unique combination of detached cottages and duplex structures, this property provides the privacy and appeal of individual homes while delivering the economies of scale of a multi=family investment. The diverse unit mix includes a 4-Bedroom/1.5-Bath detached cottage, a 3-Bedroom/1-Bath detached cottage, a 2-Bedroom/1-Bath detached cottage, and two duplexes consisting of one 3-Bedroom/2-Bath unit, one 3-Bedroom/1-Bath unit, and two 1-Bedroom/1-Bath units. This variety of floor plans accommodates a broad range of tenant needs, supporting strong occupancy and long-term rental demand. Residents enjoy onsite garage and open-space parking along with individual washer and dryer hookups, amenities that continue to enhance tenant satisfaction and retention. Ideally located near shopping, entertainment, schools, and public transportation, the property is positioned within a well-established rental corridor. From an investment standpoint, the asset offers tremendous upside. With projected market financials of an 8.7% CAP Rate and 8.5 GRM, investors have a clear opportunity to substantially increase income and unlock significant long-term value. Combining desirable single-story construction, a large land parcel, an exceptional unit mix, and outstanding value-add potential, this is a compelling opportunity for investors seeking both immediate stability and future growth.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Florence Ave. West of Eastern Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6227020007
Listed by Kristopher German, DRE#01800021 RE/MAX 2000 REALTY
Nearby Locations
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