PRICED TO SELL - UNDER 9 GRM AND 7.0% CAP ON IN-PLACE RENTS WITH UPSIDE TO 7.5% CAP. 9 units located in South Los Angeles subject to Rent Control. Good unit mix for the area. NO Section 8 tenants. Onsite laundry room. Property features 3 tandem carport parking spaces in the front and another 6 private garages in the rear. 12 parking total. Per Cal Quake, there is an opportunity to add additional ADU units - 1 in the front and 2 in the rear. Buyer to verify. The property's interior and exterior has been well maintained and Professionally Managed. All units have been updated with new paint, fixtures and flooring when turned, and units 1 & 8 have new kitchens as well. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND ACTUAL EXPENSES.
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,995,000 to $1,929,000 | ||
| Price Reduced from $2,049,000 to $1,995,000 | ||
| Price Reduced from $2,099,000 to $2,049,000 |
Jonathan Swire, The Agency.
Based on information from California Regional Multiple Listing Service, Inc. as of December 18th, 2025 at 3:11am PST. 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.