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

Bedrooms

4

Building size

2,850 sqft

Lot size

5,918 sqft

Year built

1957

Stories

2

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

86

MLS #

244316153

About this property

This 4 Plex offers an exceptional opportunity to grow your portfolio in one of LA's most sought-after rental markets. 2bed/2bath x2 (Rear building) was built in 2001. 1bed/1bath x2 (Front building) was built in 1957. One 2bed/2bath unit is owner use. It features good income, copper pipes and coin laundry at the property. A basement unit(permit status is unknown) at the front building is occupied by a tenant pays $500/month. This well-maintained building is surrounded by nice neighbors and offers 7 parking spots and a secure auto gate. With the potential for strong rental income, this property is perfect for buyers aiming for long-term gains and future appreciation. It is conveniently located near the restaurants, markets, shopping, medical clinics, bus stops, Fwy 10 and LADT. The property is being sold as-is condition. Seller is motivated.

Location

1229 S Harvard Boulevard

Los Angeles, Los Angeles, CA, 90006