834 E 33rd Street, Los Angeles, CA 90011

$85,452 income per year/ $7121 per month fully occupied (Pro form is $3986 for the 3 bedroom)!!! Live in the VACANT 3 bedroom 2 bath unit or rent both out and enjoy a positive cash flow from day one on FULLY REMODELED units and a great high end paying great SECTION 8 TENANTS!!!! 3/2 bedroom is VACANT while the 2 bedroom 1 bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase! The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR). Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in … read more …