We are pleased to present an eight unit multifamily property located at 1375 West 20th Street, in Los Angeles, California. The property is situated just north of the 10 Freeway and west of Hoover Street.The offering features an excellent unit mix of one (1) one bedroom / one bathroom unit, and seven (7) two bedroom / one bathroom units. It comes with an assumable loan that is fixed at an attractive interest rate of 3.7% for the next four years; ultimately benefitting the investor with great initial cash flow. The property also hosts ample on-site parking for tenants and guests. With close proximity to the 10 freeway, this location allows tenants quick access throughout Los Angeles and Santa Monica.The subject property is a great opportunity for any investor to acquire an asset in one of Los Angeles' hottest markets, with great initial cash flow, low vacancy rates, and the opportunity to capitalize on excellent upside in rental potential.
Off market
$1,720,500
1375 W 20th St, Los Angeles, CA 90007
15beds
8baths
5,740sqft
MultiFamily
Built in 1963
-- sqft lot
$1,720,500 Zestimate®
$300/sqft
$1,242 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 8
Heating
- Gas
Cooling
- Central
Interior area
- Total interior livable area: 5,740 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 6,891 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- ListingArea: Mid Los Angeles
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- UnitTypeType: 1, 2
- Equipment: Other
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Parking Space
- ListingStatus: Active Under Contract
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Estimated market value
$1,720,500