4-PLEX OPPORTUNITY! Great Income Investment property with HUGE POTENTIAL to add ADU's! See attached link for pre-approved LA County ADU PLANS! !Starting cap rate is apprx. $4.64%! This is a 4 plex on almost a 3/4 acre lot. There are 4 individual homes, each with their own backyard. 3 homes have a 1 car garage. Property has been well maintained and is a CASH COW. Total rents are $10,050/month. Each home features 2 bedrooms/1 bath. All units have been upgraded. All have newer kitchens, bathrooms, windows, flooring, wall heater, electrical panels, newer garage doors. All units are individually metered for all utilities. Tenants pay all utilities, water, trash, gas, electricity. Over $150,000 in improvements have been made in the last 7 years. All units have their own washer/dryer hookups. 1 tenant is Section 8.
This is a great opportunity! Hurry won't last long. Will not be delivered with vacant unit(s).
Do you own or manage this property?
This is My PropertyThe income description goes here to explain
| List Price | $1,995,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 3 spots |
| Year Built | 1955 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 8026023005 |
| MLS # | SW25002106 |
| Property ID | 291846639 |
| Lot Sqft | 29,746 |
| Zoning | LCA1* |
| Total Units | 4 |
| Date Updated | January 13, 2025 |
| Date Created | January 04, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $10,050 | $0 |
| Net Income (Yr) | $ 92,200 |
| Cap Rate | 4.64% |
Anthony Hernandez an agent of Executive Plus Realty. Lic #02127963
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 13, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT