Great investment! Situated in a nice neighborhood in South LA, the property has eleven 1+1 and one 2+1 Units. Units have separate Gas and Electric meters. Sizable bedrooms and large kitchens. This will not last! Call Margaret for more information.
FEATURES:
Age: Over 50 Years Old
Architecture Style: Other
Roof Type: Unknown
$1,295,000
1861 MARTIN LUTHER KING JR, Los Angeles (City), CA 90062
$1,295,000
1861 MARTIN LUTHER KING JR, Los Angeles (City), CA 90062
Eight-unit, large apartment complex. One bedroom, one bath each located in a prime Los Angeles rental location. The complex is located on 48th St., close to Western and Vernon Blvd. Stable tenants.
This property sits on two separate two-story structures with a total sq/ ft of 5,928 and a total lot size of 6,316 sq/ft. Also includes 5 detached-car garages, making this property more atractive. Separately metered for gas and electric.
5 unit apartment building located in close proximity to USC Campus. This is an excellent opportunity to make a 10% Cash-on-Cash return from day one(estimated) and buy a building at under$130 per square foot. Don?t let this one slip away!
Excellent Opportunity, 2 out of the 5 units are vacant; lots of potential on this property one possibility is to convert the front duplex to a very large House and having a 4 unit property !!! The square footage and current lay out might be very suitable for this option. Excellent Income property for your smart investor. Very desirable rental area. Very close to the USC, Los Angeles Memorial Coliseum, Manual Arts High School and Barack Obama Global Preparation Academy. See agents remarks for showing instructions.
Standard Sale DO NOT DISTURB TENANTS PLEASE !!!! 2 units, very well kept units pride of ownership, Great Tenants,New copper pipes,new heaters,ceramic title in kitchen and wash rooms, Basement, 5 car Parking Stalls. Section 8 approved.
Drive by only Offers are subject to inspection.
Seller says "EXCUSE OUR DUST!! We are tearing down walls, ripping up floors & rehabbing this diamond in the rough from floor to ceiling! When we are done, this will be like moving into a brand new home." Work is already in progress & just a few shorts weeks away from completion. Get your buyers ready to be impressed & awed.Once completed this 2 unit home will be an oasis of newness in an established family neighborhood. Centrally located minutes away from freeways, the new metro Expo line train, downtown, USC, museums and the California Science Center.Both units will feature brand new kitchens & baths, new tile & flooring throughout, granite counters, modern cabinets, and so much more. The first unit is a perfect family-sized 3 bedrooms & 2 bath unit, while the second unit will make for a great rental with 2 bedrooms & 1 bath. Stay tuned for upcoming showing information & open houses.****NOT AVAILABLE FOR SHOWINGS UNTIL MID-JUNE, WHEN WORK HAS BEEN COMPLETED**
FEATURES:
Age: Over 50 Years Old
Architecture Style: Other
Cooling System: Wall Unit(s) A/C
Parking Type: Driveway
Roof Type: Unknown
$429,000
3887 CIMARRON Street, Los Angeles (City), CA 90062
$429,000
3887 CIMARRON Street, Los Angeles (City), CA 90062
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