











Description
We are pleased to present this great opportunity to invest in an add-value triplex in the County Strip of Los Angeles. The property consists of a four bedroom - two bath front unit and a rear building containing 2 two bedroom - one bath units. The total square footage of the property is 2,808 and it sits on a large 7,154 square foot lot, which is zoned LCR320U. The four bedroom is currently vacant providing the new owner the ability to upgrade the unit and obtain market value. The 2 two bedrooms are currently renting for $1,133 and $1,300 respectively. Once the front unit is renovated and rented at market, the GRM will be 11.3 which is unheard of for a small apartment building. The CAP rate is 6.36 which is also very attractive.
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.

Listing Agent: Jerome McAlpin 00939725 Courtesy of: McAlpin & Company "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 5th February, 2023 3:53 PM (UTC)