Description
Great investment opportunity! Property with a lot of potential! rental income will pay itself off.First time on market since 40 years ago. This income property is located at less than a mile from LAC+ USC Medical Center and only 10 minutes from Los Angeles Downtown and Chinatown. This property is located in a neighborhood that has gone through gentrification; completely surrounded by newly constructed houses and income units. Great family neighborhood near schools, churches, and freeway access with high demand from renters. Near Bus stops. NO VACANCY for the last 20 years. Very stable tenants. This income property consist of 6 units, of which two units are facing the street and one of them has three bedrooms and one bath. perfect for a big family. There is a small house in the immediate back that is rented as a a one bedroom/ one bath apartment with an adjacent storage shed. Also includes 3 back units with 3 one car garages in the very rear. This property has a new roof, new plumbing, and the front two unites have been completely remodeled 4 years ago. SELLER HAS OPEN ESCROW ALREADY IN ANOTHER PROPERTY.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Great investment opportunity! Property with a lot of potential! rental income will pay itself off.First time on market since 40 years ago. This income property is located at less than a mile from LAC+ USC Medical Center and only 10 minutes from Los Angeles Downtown and Chinatown. This property is located in a neighborhood that has gone through gentrification; completely surrounded by newly constructed houses and income units. Great family neighborhood near schools, churches, and freeway access with high demand from renters. Near Bus stops. NO VACANCY for the last 20 years. Very stable tenants. This income property consist of 6 units, of which two units are facing the street and one of them has three bedrooms and one bath. perfect for a big family. There is a small house in the immediate back that is rented as a a one bedroom/ one bath apartment with an adjacent storage shed. Also includes 3 back units with 3 one car garages in the very rear. This property has a new roof, new plumbing, and the front two unites have been completely remodeled 4 years ago. SELLER HAS OPEN ESCROW ALREADY IN ANOTHER PROPERTY.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T19:33:55.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.