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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$1,295,000

Est. payment - /mo

9 Beds

9 Baths

4,595 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,595 sqft

Price per Sqft $281

MLS Listing ID 26870473

Bedrooms 9

HOA Y/N No

Year Built 1988

Lot Size 6,725 Sqft

Property Description

Rare opportunity to purchase a 1988 construction 4plex that will be delivered 100% VACANT! Enjoy the endless opportunities of either a family living in 1 or 2 units and renting the other 2 or 3 for passive income or rent all 4 units at market and generate substantial cash flow at a 6.81% cap rate when fully leased. The property is NOT subject to LA City Rent Control (RSO), and features a lucrative and top-heavy unit mix of (1) 3 Bed/2.5 Bath & (3) 2 Bed/2 Bath units with large open floor plans with great sized bedrooms and bathrooms, including fireplaces in the living room. All units have large & reserved garage parking in the back accessed by the driveway, and garages have storage units inside. A brand-new roof was installed in 2023, a new master water heater, and recent plumbing repairs. Great location for any family and tenants as it is just a few blocks away and less than 1 mile from Kaiser Permanente South Bay, Ken Malloy Harbor Regional Park / Machado Lake, and Harbor Park Golf Course, and less than 2 miles away from LA Harbor City College, and just 2 miles away from Rolling Hills Plaza that includes major retailers and institutions (Trader Joes, Costco, Smart & Final, Dim SUM, AMC & IMAX Theatres, CPK, Mendocino Farms, 24 Hour Fitness, Skechers, Nike Factory, etc.).

Location

State CA

County Los Angeles

Area 124 - Harbor City

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Microwave, Refrigerator

Exterior

Parking Features Assigned

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7410028038

Special Listing Condition Probate Listing

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Listed by Jonathan Rawson Avenue Realty Group #02010400

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1340 255th ST Los Angeles, CA 90710

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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