PRICED TO SELL! 11.45 GRM and 6.43% CAP Rate on Actuals! This charming 4 unit complex is located in the area of Park Mesa Heights within the City of Los Angeles, and consists of three single units with separate kitchens, and one bachelor unit. Section 8 pays based on units being 1 bedroom and title shows as 1 bedroom units. Various upgrades have been made to the exterior of the building and part of the interior units. A parking space is allotted for three of the four units. 2 units delivered vacant! The other 2 are Section 8 tenants, providing a steady cash-flow for owner. Low property expenses and easy management. Plenty of upside! Area is constantly being redeveloped. Total annual income is $54,588 with all units rented!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
