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$ 2,295,000
Est. payment | /mo
3,692 SqFt
$ 2,295,000
Est. payment | /mo
3,692 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,692 sqft
Price per Sqft $621
MLS Listing ID CL25510237
HOA Y/N No
Year Built 1953
Lot Size 6,993 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
Prime West LA 6-Unit Investment Property Over 5% Cap Rate! Located in the heart of West Los Angeles, this well-maintained 6-unit property is a prime investment opportunity in one of the city's most sought-after rental markets. Boasting a strong cap rate of over 5%, this fully occupied property generates excellent income with great rents in place. The property features one spacious 3 bed, 3 bath unit, five well-kept 1 bed, 1 bath units, a charming courtyard setting offering a classic West Coast vibe, and two interconnected buildings enhancing privacy and curb appeal. It is situated in an ultra-walkable neighborhood where tenants enjoy easy access to trendy restaurants, bars, and shops, making this an incredibly desirable rental location. With solid income and long-term growth potential, this West LA gem is a must-see for savvy investors! Don't miss out on this rare opportunity!
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Flooring Tile, Wood
Fireplace No
Building
New Construction No
Others
Tax ID 4263029032
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Listed by Tyler Kunkle • Pardee Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "