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Matt O'Brien

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

$ 1,375,000

Est. payment | -/mo

8 Beds

5 Baths

6,502 Sqft Lot

Save

$ 1,375,000

Est. payment | -/mo

Save

8 Beds

5 Baths

6,502 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 SR26136264

Bedrooms 8

Lot Size 6,502 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Seize a rare opportunity to a cash-flowing triplex in West Adams-one of Los Angeles' most dynamic neighborhoods. Offered at $1,375,000 with a 12.89 GRM and a 5.8% cap rate, this turnkey asset delivers immediate, stable returns from day one. The property features a strong unit mix: a 4BD/2BA main unit, a 3BD/2BA second unit, and a 1BD/1BA rear unit (non-RSO) with large private yard maximizing rental income. The property has also been meticulously maintained with many upgrades including copper plumbing, electrical, roof to name a few. Located just 12 minutes from USC, the property draws from a deep and consistent rental pool of students, faculty, and university-area professionals. Quick access to the I-10 and CA-110 freeways puts tenants within easy reach of Downtown Los Angeles, Culver City, and beyond.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction 1-10 freeway, exit S La Brea Ave, E on W Adams, S on Hillcrest or exit Crenshaw Blvd., S to W 28th St., S on Hillcrest.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5057007019

Acceptable Financing Cash, Conventional, Exchange, FHA, Land Contract, VA

Listing Terms Cash, Conventional, Exchange, FHA, Land Contract, VA

Listed by Diana Fang, DRE#01918964 Landon Realty Group

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2839 Hillcrest Drive Los Angeles, CA 90016