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$2,295,000
Est. payment /mo
8 Beds
8 Baths
3,692 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,692 sqft
Price per Sqft $621
MLS Listing ID 25510237
Bedrooms 8
HOA Y/N No
Year Built 1953
Lot Size 6,991 Sqft
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
Area Wla - West Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Flooring Tile, Wood
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Driveway, Shared Driveway, On Street
Garage Spaces 5.0
Garage Description 5.0
Pool None
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Story 2
Entry Level Two
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4263029032
Special Listing Condition Standard
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Listed by Tyler Kunkle • Pardee Properties