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$1,250,000
Est. payment /mo
10 Beds
5 Baths
7,432 Sqft 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 PF26191619
Bedrooms 10
Lot Size 7,432 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible Cash-Flowing 4-Plex with Value-Add Upside & 8 Parking Spaces! Attention investors! Dont miss this exceptional four-unit income-producing property situated on a spacious 7,432 sq. ft. lot in East Los Angeles (90063). The desirable unit mix includes one large 3-bedroom/2-bath unit, one 3-bedroom/1-bath unit, and two 2-bedroom/1-bath units. The property also offers a landlord-friendly expense structure. All four units are separately metered for gas and electricity, and tenants pay for gas, electricity, and trash. The landlord is primarily responsible for water. A major highlight is the large, gated parking area with 8 dedicated parking spaces, a significant advantage in this high-demand rental market. Located in a quiet and developing East Los Angeles neighborhood with convenient access to major freeways, shopping, dining, Citadel Outlets, and Downtown Los Angeles. An excellent opportunity for investors seeking a strong cash-flowing asset, future upside, or a potential 1031 exchange replacement property.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South on Indiana st, make a left on Lanfranco St.
Interior
Heating Other/Remarks
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Roof Type Composition,Other/Remarks
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5238011017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Sang Ur, DRE#01474940 Redfin Corporation
Nearby School & Business
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