For Sale For Rent
Advertise
bedrooms
bedrooms
3
bathrooms
bathrooms
2
square feet
square feet
2,312
acreage
Acreage
0.057369146005509644
open houses
Open Houses
-
year built
year built
1955
full baths
Full Baths
2
half baths
Half Baths
0
Priced to sell, this charming 4-unit complex in Park Mesa Heights! This investment offers an excellent opportunity with a strong 9.5 GRM and a 9% CAP Rate based on current market rental values/actuals. The property includes three one-bedroom units with separate kitchens and one bachelor unit, providing reliable cash flow. Various recent upgrades to these units including exterior and interior enhance the property's appeal, while three out of the four units come with designated parking spaces. Very rare to have all units delivered vacant allowing for maximum rental value. This property offers low operating costs, easy self-management, and significant upside potential. The area is undergoing continuous redevelopment, and with a total annual income close to 100K based on current Performa rents, this property presents a solid investment with great future growth.
Location
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
Exact location data not provided
no map
open houses Open houses
None scheduled.
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MLS number: SB24240319
Listing agent: Tom Royds #00949407
Listing broker: Redfin Corporation (949) 294-6186
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.   [source]
Last update: Wednesday, February 26 2025 at 11:19 p.m. EST
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