**Projected 7.2% Cap Rate** Welcome to a dream three unit investment opportunity. This brand new 2024 construction consists of two 4 bed 3 bath and one 3 bed 2 bath units, and will be delivered completely vacant! All three units come with parking, open concept kitchen/living/dining, and spacious bedrooms. This property provides a great income opportunity for an owner user or investor. Located conveniently near public transportation and the 110 freeway, this property will be very attractive on the rental market and easy to attract quality tenants. Do not miss this opportunity to capitalize on market rents and generate cash flow! *Note that photos are of similar nearby units*
Sold for $1,606,500 on 12/30/24
$1,606,500
237 E 99th St, Los Angeles, CA 90003
11beds
8baths
3,903sqft
Multi Family
Built in 2024
-- sqft lot
$1,579,700 Zestimate®
$412/sqft
$2,796 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 02, 2025 at 06:52am
Listed by:
Isaac Davidi DRE # 01819489 310-877-9425,
On Track Property 310-997-0311
Bought with:
Cecilia Hernandez, DRE # 01874239
Cecilia Hernandez, Broker
Source: CLAW,MLS#: 24-400169
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Heating
- Central
Cooling
- None
Appliances
- Laundry: Stackable W/D Hookup
Interior area
- Total structure area: 3,903
- Total interior livable area: 3,903 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport
- Has carport: Yes
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 5,083 sqft
- Dimensions: 40 x 127
Details
- Additional structures: None
- Parcel number: 6052015021
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2024
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$1,579,700