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Listed by David Smith, DRE #01353125 • REMAX Professionals
$1,999,999
Est. payment /mo
6,699 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS26208008
Year Built 1922
Lot Size 6,699 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Do Not Disturb Occupants. Drive-by only. Exceptional investment opportunity featuring a 2023-built triplex plus ADU with four total units, fully occupied by long-term tenants and generating approximately $197,028 in annual gross scheduled rents. Priced right with a potential 7%+ cap rate, depending on operating expenses. The property includes three spacious five-bedroom residences, each with multiple bathrooms, private living areas, and garage parking, plus a separate studio ADU. All four units feature separately metered electric, gas, and water, with tenants responsible for their individual utilities. Solar and drought-conscious landscaping further enhance the property's efficiency and reduce ongoing ownership costs. Located in South Los Angeles, the property is approximately 3.5 miles from SoFi Stadium and Kia Forum, 4 miles from USC and BMO Stadium, 8 miles from Downtown Los Angeles, and 10 miles from LAX, with convenient access to the 110, 105, 10, and 405 freeways.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Rooms
Kitchen Garbage Disposal, Oven Range - Built-In
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces
Garage Spaces 9.0
Pool 31, None
Building
Sewer Sewer Available
Water District - Public
Others
Tax ID 6034021016
Special Listing Condition Not Applicable
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