Los Angeles, CA 90008

$1,400,000

List Price

8

bed Beds

4

shower Baths

5,396 sqft

straighten / sqft

1928

calendar_month Built

Property Description

We are pleased to present this 4 Unit multifamily investment in the desirable rental area of Leimert Park. This building offers four 2-bedroom 1 bath units boasting 1,349 square feet of living space. The structure was built in 1928 of wood-frame stucco construction with stylish Spanish Colonial architecture. The units have a total of 5,396 square feet and are situated on a 5,501 square foot lot, which is zoned LAR3. Currently the total monthly income is $6,271 per month, leaving a new Owner plenty of upside in the rents upon turnover. The building is fully occupied, and no units will be delivered vacant. Please make all offers subject to inspection and submit proof of funds and DU approval with all offers. Please do not disturb tenants.

Listing Information

List Price $1,400,000
Status Active
MLS 24449303
Type Residential Income
Year Built 1928
Lot Size 5,501
Structure Size 5,396
DOM 8
Courtesy Of McAlpin & Company
Listing Agent Jerome McAlpin DRE#00939725

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Jerome McAlpin, McAlpin & Company 310-437-4172. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 22nd, 2024 at 2:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.