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Listed by August Wen, DRE #01229094 • Century 21 Masters
$ 950,000
Est. payment | /mo
8 Beds
4 Baths
3,034 SqFt
$ 950,000
Est. payment | /mo
8 Beds
4 Baths
3,034 SqFt
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,034 sqft
Price per Sqft $313
MLS Listing ID CRCV26133040
Bedrooms 8
Full Baths 4
Year Built 1952
Lot Size 4,800 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Just Listed a house in the front with 3 units at the rear building in a quiet Highland Park Area. The front house is 2 bedroom/2 bath house with a garage. Other units at the rear of the property with alley access consist of 1 bedroom/1 bath, 2 bedroom/1 bath, & 3 bedroom/1 bath. Reliable tenants. The largest unit downstairs at the rear building is being delivered vacant. Current GRM: 21.10 and Cap Rate: 3.24%. Proforma GRM: 7.82 and Proforma Cap Rate: 11.28%. Furthermore, there is a basement which can possibly be used a Studio Unit. Great Upside Potential.
Location
State CA
County Los Angeles
Area 632 - Highland Park
Interior
Heating Floor Furnace
Cooling None
Fireplaces Type None
Laundry Laundry Area
Exterior
Parking Features Garage
Garage Spaces 1.0
Pool None
View None
Building
Water District - Public
Others
Tax ID 5492029013
Special Listing Condition Not Applicable
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