Excellent investment opportunity near Downtown Los Angeles featuring a fully renovated multi-unit property with strong income potential and an attractive CAP rate over 6%. This upgraded property consists of five units total: 1 studio, 3 one-bedroom/one-bath units, and 1 two-bedroom/one-bath unit. All units have been newly remodeled with modern finishes, offering bright and functional floor plans designed to attract quality tenants. Each unit features comfortable living space with abundant natural light, updated kitchens with new countertops, and ample cabinetry. Recent renovations provide a turnkey investment with minimal deferred maintenance. Conveniently located near Downtown LA with easy access to shopping, dining, public transportation, and major freeways, making it an ideal rental location in a high-demand market. Perfect opportunity for investors and 1031 exchange buyers seeking steady income and long-term growth potential.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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