We are pleased to present this multi-family opportunity in South Los Angeles. This five unit building consists of three buildings constructed in 1936. The unit mix consists of five units that are all one bedroom one bath apartments. The complex is located east of the Harbor Freeway (110) between Manchester and Florence. This is the City of Los Angeles and the property is subject to rent control. This investment is now being offered at a very attractive GRM of 9.81 with a 6.72 CAP rate. This investment will provide a 9.04% cash on cash return. Please make all offers subject to inspection. PLEASE DO NOT WALK THE PROPERTY OR 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.
