Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Type
- SingleFamilyResidence
- Bedrooms
- 8
- Building size
- 5,580 sqft
- Lot size
- 8,500 sqft
- Year built
- 1958
- Stories
- 2
- Garage spaces
- 0
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 103
- MLS #
- 243975969
About this property
Over $16,200 in monthly rental income!!!! You won't find a building nicer than this one, at this price, with this type of rental income. Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past several years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants. Total monthly utility costs are approximately $1,400.
Location
6821 11th Ave.
Los Angeles, Los Angeles, CA, 90043