Description
Coming soon: exceptional investment opportunity in northeast los angeles!...
don’t miss this incredible chance to own a 12-unit, low-maintenance property in the heart of northeast los angeles. each unit is a single with one bathroom, all currently rented and generating steady income, with the added potential for rent increases as leases renew…..
this property boasts six separate buildings, ample gated parking spaces for tenant convenience, and one additional uncovered space. an on-site laundry room provides extra income, further enhancing the investment's value…..
located in a sought-after neighborhood, the property combines charm and convenience. with a gross rent multiplier (grm) of 12.2, this property offers a rare opportunity for reliable cash flow and long-term appreciation. the gated parking and added amenities make it an attractive option for tenants, ensuring high occupancy rates in a competitive rental market....
situated in a prime area of northeast los angeles, the property provides easy access to shopping, dining, and major freeways, making it highly appealing to renters. its strategic location and income-generating features make this an ideal addition to any investor’s portfolio……
contact us today to explore how you can make this exceptional investment property your own.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48398857
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1924
- Building Area Total: 2,376
Pool Features
- None
Laundry Features
- Laundry Room
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1837
- Lot Size Source: Assessor
- Lot Size Square Feet: 8002
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Listing Information
Listing Price Information
- Original List Price: 1,599,999
- Listing Contract Date: 2025-01-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5453007029
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 623 - Glassel Park
- Postal Code Plus 4: 1165
- Directions: ,
- Zoning: LAR1
- Source Property Type: Residential Income
- Area: 623 - Glassel Park
- Property SubType: Quadruplex
Building and Construction
- Property Age: 101
- Common Walls: 1 Common Wall
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 01/26/2025 @ 02:52
- MLS: CV25013549
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 2,376 sqft, 8,002 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90065, this Los Angeles County Home are nearby neighborhoods.