We are pleased to present this multi-family opportunity in South Los Angeles. This five unit building consists of three buildings constructed in 1936. The unit mix consists of five units that are all one bedroom one bath apartments. The complex is located east of the Harbor Freeway (110) between Manchester and Florence. This is the City of Los Angeles and the property is subject to rent control. This investment is now being offered at a very attractive GRM of 9.81 with a 6.72 CAP rate. This investment will provide a 9.04% cash on cash return. Please make all offers subject to inspection. PLEASE DO NOT WALK THE PROPERTY OR DISTURB TENANTS.
Off market
$326,155
7911 Avalon Blvd, Los Angeles, CA 90003
5beds
5baths
2,156sqft
Apartment
Built in 1936
-- sqft lot
$-- Zestimate®
$151/sqft
$3,681 Estimated rent