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

2,130 sqft

Lot size

5,981 sqft

Year built

1922

Stories

1

Heating

None

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

0

MLS #

248668380

About this property

Exclusive new 4-unit in Vermont Square near USC and Exposition Park. The Seller is offering seller carried financing for 2 years at 4.0% interest only and 25% down, producing an immediate cash-on-cash return of over 10.3%. At the Asking Price of $900k, this deal represents the lowest Price per unit for any 4-unit or Duplex sold in the 90062 zip code since Jan 2025. All tenants are market rate and not on subsidized payment structures and actual expenses are extremely low. Tenants are responsible for electric, gas, and trash reducing the owner's expenses. Pricing and cash flow include professional management fees (optional).

Location

1457 52nd Street

Los Angeles, Los Angeles, CA, 90062