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$2,200,000
Est. payment /mo
2 Beds
1 Bath
0.36 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26050581
Bedrooms 2
Lot Size 0.361 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent investment opportunity in the highly desirable Harbor City area of Los Angeles. All 8 unit is fully occupied with reliable long-term tenant. This is a well-maintained multi-family property that features two separate four-unit buildings with approximately 7,408 sq ft of interior living space situated on a lot over 15,500 sq ft in size. Each of the eight units offers 2 bedrooms and 1 bathroom with over 900 sq ft of living space. The property includes detached garage parking for each unit, with storage shelves, and community laundry facilities that offer investors additional income. Recent improvements include exterior painting, roof, and upgraded electrical panel. Many units feature updated kitchens and bathrooms along with flooring. Utilities are individually metered for gas and electricity. The property benefits from stable and reliable tenants on month-to-month leases, offering flexibility for future rent adjustments. Good chance to own fully occupied 8-unit income property. ***Monthly Income*** 8 Unit actual rent (fully occupied): $14,713 Projected monthly income: $16,800 Laundry income: $200 Conveniently located with easy access to major freeways, and close to schools, shopping, and healthcare facilities including Kaiser Permanente South Bay Medical Center. A rare opportunity to acquire a stable, low maintenance, income-producing asset in a strong rental market. This is a trust sale. Property sold As-is. Reach out to the listing agent to verify details and receive further information
Location
State CA
County Los Angeles
Zoning Assessor
Direction Anaheim St and Frampton Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7411021056
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by Jun Chang, DRE#01867916 New Star Realty & Investment
Nearby School & Business
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