Active Under Contract
$1,299,000
bedrooms
12
bathrooms
5
square feet
3,692
Acreage
0.146900826446281
Open Houses
-
year built
1928
Full Baths
5
Half Baths
0
Just reduced! Large 5 unit building with (3) 3-Bed Units, (1) Large 2-Bed Unit, and (1) 1-bed unit in the excellent neighborhood of South Wrigley. The building is conveniently located less than a mile from the 710 Freeway, less than 2 miles from the 405, and just 2 miles North of the beach. Attractive residential tree-lined street.
The property is priced to sell at 10.86 GRM and a current cap rate of 5.66%. There is approximately 7% upside in income to a market cap rate of 6.3%. It has fresh exterior paint and the electrical system was just updated in September of 2024. There is also a detached garage building off of the back alley that has 4 spots in 3 separate garages. Perfect ADU opportunity.
| Location | |
| Subdivision | Wrigley Area (WR) |
| County | Los Angeles |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: SB24215716
Listing agent:
Anthony Walker
#01908153
Listing broker:
Buckingham Investments, Inc.
(562) 208-4890
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, February 28 2025 at 11:22 p.m. EST
Kotohomes National
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