We are proud to present this four unit investment opportunity in South Los Angeles. It is located near Western Avenue just south of Century Boulevard. The complex consists of a one bedroom house, a duplex with two - one bedroom units and a two bedroom apartment above the garages. The units produce $3,775 per month and there is plenty of upside in the rents. It is located in the County Strip which is a non-rent control area. So there are no annual SCEP inspections. The units were built in 1922 of wood frame and stucco construction. The owner has applied and been approved for the soundproofing program and new windows and air conditioning units will be installed this month. The property is situated on a huge 8,646 square foot lot. Separate meters and individual hot water heaters keep expenses low and cash flow good at 7.7%. Make offers subject to inspection. PLEASE DO NOT DISTURB TENANTS.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
