A rare opportunity to acquire a pristine, completely renovated 5-unit complex, offered in a truly turnkey condition. This exceptional property boasts extensive capital improvements, including a brand new roof and upgraded stairs and balcony, ensuring minimal future maintenance and maximum longevity. The unit mix is ideal for strong rental demand: four spacious 2-bedroom/1-bathroom units and one large 4-bedroom/2-bathroom unit. Every single residence has been thoroughly updated and features modern tenant-friendly amenities, most notably central heating and air conditioning, range & refrigerator in all five units, a hood microwave in 4 and a hood and dishwasher in unit 5. Predominately vinyl plank flooring. Four units enjoy private rear balconies via sliding glass doors, while the 4-bedroom unit offers an extra-spacious, fenced private rear yard. Tenant convenience is further enhanced by dedicated, covered carport parking spaces, individual storage lockers for each unit, and a common laundry room. This is a hassle-free, stabilized asset.
The income description goes here to explain
| List Price | $1,100,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1978 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 1802001600 |
| MLS # | LC25252276 |
| Property ID | 322322096 |
| Lot Sqft | 10,757 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 91 |
| Original List Price | $1,100,000 |
| Applicances | Electric Range,Microwave,Refrigerator,Water Heater,Dryer,Washer% |
| Date Updated | January 13, 2026 |
| Date Created | October 31, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $8,325 | $0 |
| Net Income (Yr) | $ 69,732 |
| Cap Rate | 6.34% |
Karena Jolley an agent of . Lic #01482063
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 13, 2026 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