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

Apartment

Bedrooms

6

Building size

4,886 sqft

Lot size

9,337 sqft

Year built

1925

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

248398235

About this property

ATTENTION INVESTORS! RARE 6-UNIT VALUE-ADD OPPORTUNITY WITH SELLER FINANCING AVAILABLE AT 5.5% INTEREST! Excellent opportunity to acquire a 6-unit multifamily investment property in the heart of Los Angeles with tremendous upside potential! This property offers an attractive unit mix consisting of two 1-bedroom units, two 2-bedroom units, and two spacious 3-bedroom units, providing a diverse rental portfolio with strong income potential. The property is in need of repairs and updating, making it an ideal opportunity for investors looking to renovate, reposition, and maximize rental income while building long-term equity. With six units and a desirable mix of bedroom configurations, this property presents an excellent opportunity for a value-add investment strategy. MAJOR BONUS — SELLER FINANCING AVAILABLE AT 5.5% INTEREST! The owner is willing to carry a note at an attractive 5.5% interest rate, subject to mutually agreed-upon terms and buyer qualification. This unique financing opportunity may allow investors to acquire the property with favorable financing while executing their renovation and improvement plans. Conveniently located in Los Angeles with access to employment centers, shopping, dining, public transportation, and major commuter routes. BRING YOUR CONTRACTORS AND YOUR VISION! Whether you're an experienced multifamily investor or looking to expand your rental portfolio, this property offers the combination of multiple income-producing units, renovation potential, and attractive seller financing. SIX UNITS! VALUE-ADD POTENTIAL! SELLER FINANCING AT 5.5%! DON'T MISS THIS INVESTMENT OPPORTUNITY!

Location

317 N Occidental

Los Angeles, Los Angeles, CA, 90026