Your income-producing dream property 1 mile from BMO stadium and minutes from USC, the LA Memorial Coliseum, SoFi Stadium, and Downtown LA. This is a well maintained 4-plex in West Adams District. Front unit is the larger original house, the other 3 units were added to the back around 1970… Read More with permits. Rents are below market on two of the units and Drastically below on 1 other. All tenants are on month-to-month rental agreements. (See Unit details below). This property features individual electric and gas meters AND tenants are billed for Water and Trash usage. Property is conveniently located near transportation, shopping, downtown and USC. Could make a great student housing. 1 unit may be vacant upon sale. Unit 2 is completely remodeled including electrical, walls, floors, windows, bathroom and complete kitchen. This is a great Investment opportunity with long term stable tenants and great upside potential. Unit 1 can be up to $3000 and other units can be up to $2,400 or so which makes this sales price a deal for you. This building is on a nice quiet and safe block with wide streets. Off street assigned parking and storage closet is included. Don't miss out on this opportunity. Call listing agent for more information. ******* Unit 1 Information - Actual Rent: $506, Potential rent $3,200, # of Baths Full: 1, Total # of Bedrooms: 2-3, Condition: Moderate, Furnished: Unfurnished ******* Unit 2 Information - Actual Rent: $2,400, # of Baths Full: 1, Total # of Bedrooms: 2, Condition: Excellent, Furnished: Unfurnished ******* Unit 3 Information - Actual Rent: $1,683, Potential Read Less
Courtesy of Golden State Realtors Group, Donald Drake, Golden State Realtors Group, Donald Drake 714-724-3604.
Listing Snapshot
Days Online
167
Last Updated
Property Type
Res Income 2-4 Units
Beds
8
Lot Size
0.11 Acres
MLS Number
PW25248496
Additional Details
Building
Built in 0, Building area total: 0, 2 number of buildings, 2 stories total, Living area: 0, Living area units: Sqft, Building area units: Sqft, 4 total units, "Stucco"
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