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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 849,000

Est. payment | -/mo

1 Bed

1 Bath

5,200 Sqft Lot

Save Virtual Tour

$ 849,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

5,200 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26083183

Bedrooms 1

Lot Size 5,200 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

HUGE PRICE REDUCTION by nearly a $100k drop. Sellers highly motivated. High-yield, stabilized 4-unit asset with strong in-place income and future upside in the path of Los Angeles continued economic expansion. This approximately 2090 sqft multi-family property is 100% tenant-occupied, with four 1 bedroom units; three units are currently at market rents, offering investors immediate cash flow and a favorable going-in cap rate with additional rental upside for the fourth unit. The property features detached car garage structures plus two assigned parking spaces, ensuring each unit benefits from dedicated parkinga critical driver of tenant retention and rental premiums in dense Los Angeles markets. Separately metered utilities and a well-maintained layout contribute to low operating expenses and efficient management, making this an ideal turnkey hold with value-add potential. Strategically located with convenient access to major employment and school/university hubs as well as to transit corridors 110/105 fwys. Plus sits within close proximity to Downtown Los Angeles, USC Village, Hollywood Park, and Los Angeles International Airportall key demand drivers for long-term and short-term housing. Positioned to benefit from the upcoming 2028 Summer Olympics, also nearby SoFi Stadium, Intuit Dome, BMO Stadium, LA Memorial Coliseum, USC, Crypto.com Arena, and DTLA Live Hub, Los Angeles is expected to experience millions of visitors this a significant surge in housing demand, with estimates of up to 15 million attendees which will continue to drive increased competition for rental hou

Location

State CA

County Los Angeles

Zoning Assessor

Direction Nearest maior cross streets off Normandie Ave & Manchester Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6018025022

Virtual Tour https://youtu.be/9lxjj8XIPEg

Listed by Darwin Ciria, DRE#01981762 MCLEOD AND ASSOCIATES

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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7831 S Normandie Los Angeles, CA 90044