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

2,128 sqft

Lot size

5,401 sqft

Year built

1923

Stories

1

Heating

Wall Furnace

Cooling

None

Status

Active

Days on market

0

MLS #

249334887

About this property

Great opportunity to acquire a value-add four-unit residential income property in a high-demand South Los Angeles rental market. Ideally located just minutes from major transportation routes, Downtown Los Angeles, USC, and the 110 Freeway, this property offers convenient access to employment centers, shopping, and entertainment. The property consists of two detached buildings featuring a total of four one-bedroom, one-bathroom units. With long-term tenants in place, investors can benefit from established rental income while capitalizing on significant rental upside and future appreciation potential. The property offers a straightforward layout with relatively low maintenance requirements, making it an attractive investment opportunity. Additionally, two of the units have recently been upgraded with brand-new water heaters. An excellent opportunity for investors seeking an income-producing property with substantial upside potential in an established Los Angeles rental market.

Location

208 E 65th Street

Los Angeles, Los Angeles, CA, 90003