Los Angeles, CA90043
| 8317 sqft | MLS# 25540315
Tract:
For Sale $1,900,000
Description
We are pleased to announce a price reduction on this clean 11-unit apartment complex, located in the Hyde Park submarket of South Los Angeles. This complex was built in 1964 of wood frame stucco construction. It contains 8,316 square feet and sits on a large 11,352 square foot lot. The building has an excellent unit mix of all 2-bedroom 1 bath units. Most units feature balconies or patios. The income will be over $15,500 per month, starting 09/01/2025 with additional income coming from the laundry room and other reimbursements. There is parking for each unit and an additional room which could be utilized for another laundry room or rented as storage. Check with the City for possible ADU opportunities. The property has both carport and open space parking. This is a very well-maintained asset, and almost all units have been upgraded. There is no deferred maintenance, and the Soft Story Retrofit has been completed. Please do not walk on property or disturb tenants in any way. All offers to be made subject to inspection.
Facts
| Built in 1964 | Lot Size: 11356.00 sqft | HOA Dues: $0/month
Features
Listing provided by Jerome McAlpin, McAlpin & Company
Based on information from California Regional Multiple Listing Service, Inc. as of July 17, 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.
