This Leimert Park 4-plex is a solid investment with stable tenants & healthy upside on rental income. The building is also poised for steady appreciation perched on the Obama Blvd. corridor within walking distance of the Crenshaw/Expo METRO station, related area redevelopment and is further flanked by $1M+ single family… Read More homes in both the historic Jefferson Park & Leimert Park neighborhoods. Don't miss this rare opportunity to purchase a competitively priced, well-maintained multifamily property for only $275,000 per unit & $361/SF in the heart of Los Angeles at an actual 4.5% Cap Rate with much higher returns as units turn over (i.e. pro forma - 8.35% Cap Rate & 10.07GRM). Owner expenses are low since units are separately metered for gas & electricity. Owner pays water, trash and gardening. Make offer subject to inspection. Read Less
Courtesy of LA Vision Properties, Inc. 310-670-4000
Listing Snapshot
Days Online
52
Last Updated
Property Type
Other
Beds
6
Square Ft.
3,046
Lot Size
0.1 Acres
Year Built
1958
MLS Number
25543991
30 Days Snapshot Of 90018
$1.18M
-3%
(avg) sold price
3
-40%
homes sold
60
-58%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Ceiling Fan, Range/Oven, Refrigerator
Building
3,046 sq ft, Built in 1958, Levels: Two
Cooling
None
Disclosures
City Inspection Record Search Only
Floors
Mixed, Hardwood, Carpet, Linoleum
Garage
0 total garage spaces, Private
Heating
Wall
Lot
LotAcreage: 0.1028, LotSizeArea: 4,479, Near Public Transit, City
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
