0.32 Acres Lot
0.32 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26114763
HOA Y/N No
Year Built 1965
Lot Size 0.319 Acres
Property Sub-Type Apartment
Property Description
The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, appealing to a broad tenant base and supporting consistent occupancy. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property is positioned on a prime corner location within walking distance to shopping, dining, and schools.
Tenants enjoy highly desirable amenities including 19 onsite garage parking spaces, private gated entry, and an onsite laundry facility, features that continue to support tenant retention and rental performance. Investors will also appreciate the property's excellent price per unit and the opportunity to capture a massive 30% upside in rental income, creating a path to increased cash-flow over time.
Location
State CA
County Los Angeles
Area T1 - Vernon, Maywood, Hunt Pk & Bell, N Of Florenc
Zoning HPCN-R3*
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport, Door-Single, Garage
Garage Spaces 19.0
Garage Description 19.0
Fence None
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 19
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6320009028
Energy Description 878.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Nearby Locations
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