Property Description

8-Unit Apartment Complex. Prime Investment Opportunity, with strong 4.5% Cap Rate located in El Sereno, Los Angeles. This well-maintained apartment complex, nestled in a rent-controlled community, offers the astute investor a solid return on their investment and the potential for long-term gains. Comprising of 7 spacious 2-bedroom, 1-bathroom units, and 1 additional 1 bedroom, 1 bathroom unit, with an office/storage, this property offers a total of 15 bedrooms and 9 bathrooms. Spanning 7,036 square feet, this apartment complex sits on a generous 10,793 square foot lot, allowing for ample green space or future development opportunities. The property is located in a tenant dense area that is near USC, CSULA, Art Center, Pasadena, Alhambra and Downtown LA. Close proximity to key amenities, schools, and transportation options, making it appealing to a wide range of renters. Seize this opportunity to invest in a robust and profitable property. Contact us today for more details. This investment provides a reliable stream of income, making it an attractive addition to your portfolio, don’t miss the opportunity to add this property to your RE portfolio.

Features
2
: 8.00
: Gated community, Carbon monoxide detector(s), Smoke Detector(s), Fire Sprinkler System
1
: Dryer Included, Washer Included, Common Area
: Public
MLS Addon
5309016018
$0
0
$0
0 Sqft
0 Sqft
: Standard
26/10/2023 15:59:40
Listing courtesy of
Top Producers Realty Partners, Inc.
What is Nearby?
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Commercial For Sale

5261 HuntingtonDrive, Los Angeles, California, 90032

7,036 Sqft
Visits : 7 in 717 days
$1,298,000
Listing ID #OC23199076
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Commercial
Property SubType : Multi Family
Price : $1,298,000
Price Per Square Foot : $184
Square Footage : 7,036 Sqft
Year Built : 1963
View : Mountain(s)
Listing ID : OC23199076
Agent info
Rina Maya
Designated Broker
Contact Agent
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