$1,298,000
bedrooms
10
bathrooms
0
square feet
3,603
Acreage
0.1284
Open Houses
-
year built
1921
Full Baths
0
Half Baths
0
Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8.18% cap rate with a 9.01 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 11.06% cap rate and a 7.11 GRM upon optimization. Potential 12.62% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. *Upside Potential: With strategic rent adjustments and optimized operations, investors can achieve a higher return, pushing the cap rate beyond 10%.Investment Summary: *Cap Rate (Current): 8.18% *Cap Rate (Pro Forma): 11.06% *GRM (Current): 9.01 *GRM (Pro Forma): 7.11. ***contact us for more information***
Location | |
Subdivision | - |
County | Los Angeles |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25495183
Listing agent:
Kelly Morgan
Listing broker:
Keller Williams Santa Monica
(310) 482-2200
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, March 5 2025 at 11:43 a.m. EST
Kotohomes National
Other listings you might be interested in
$1,350,000
10 Bed •
0 Bath •
3,606 ft²
907 E 88th St
Los Angeles, CA 90002
$1,375,000
10 Bed •
0 Bath •
4,160 ft²
1117 E 71st St
Los Angeles, CA 90001
$2,175,000
10 Bed •
0 Bath •
4,122 ft²
2419 S Cochran Ave
Los Angeles, CA 90016
$1,125,000
9 Bed •
0 Bath •
3,330 ft²
608 N Breed St
Los Angeles, CA 90033
$1,545,000
9 Bed •
0 Bath •
4,243 ft²
5551 Mammoth Ave
Sherman Oaks, CA 91401
$1,550,000
9 Bed •
0 Bath •
5,344 ft²
3013 W 11th St
Los Angeles, CA 90006
$2,490,000
10 Bed •
0 Bath •
6,216 ft²
310 N St Andrews Pl
Los Angeles, CA 90004
$1,598,000
9 Bed •
0 Bath •
2,991 ft²
7403 Farmdale Ave
North Hollywood, CA 91605
$1,680,000
9 Bed •
0 Bath •
4,558 ft²
333 N Union Ave
Los Angeles, CA 90026
$1,785,000
9 Bed •
0 Bath •
5,466 ft²
6147 Alcott St
Los Angeles, CA 90035
$1,979,000
9 Bed •
0 Bath •
3,882 ft²
329 N Alexandria Ave
Los Angeles, CA 90004
$1,997,000
9 Bed •
0 Bath •
4,574 ft²
2608 7th Ave
Los Angeles, CA 90018