Los Angeles, CA90043
| 9218 sqft | MLS# 25555455
Tract:
For Sale $2,200,000
Description
Well Maintained 14 Unit Building in Hyde Park area of Los Angeles very very Close to Light Rail and a few short Minutes to So Fi Stadium, Forum, View Park/ Windsor Hills Area and Many Other Great LA Areas. This Area has had an amazing Transformation in the last few years and now is Highly Sought After in the Income Property area due to its Proximity to all of the Recent Real Estate Developments, Stadiums and Events that are a " Stones Throw" away from this Area. The building has (14) Spacious 1 Bed / 1 Bath Units with Gated parking in the rear. Within the Last Few Years a Roof was Replaced, New Windows were installed and Other Upgrades inside a few Units. Potential Buyers Can realize an immediate 25% in Rental Income by Simply filling at least (3) Vacant units (2 are Rent Ready) , and there is (2) Other Potential Vacancies as well. The Cap Rate with the Actual Rents is 5.0% but can easily be 8.0%. Don't Miss a Chance to Gain " Cash Flow" on your Investment with This Property!
Facts
| Built in 1958 | Lot Size: 11378.00 sqft | HOA Dues: $0/month
Features
Listing provided by Martin Watkins, Watkins Realty & Investments
Based on information from California Regional Multiple Listing Service, Inc. as of July 11, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
