We are pleased to exclusively offer for sale this turn-key multi-family investment in the Non-Incorporated region (No Rent Control) of East Los Angeles. The subject property consists of 6 residential units spread amongst two separate structures. The subject property has been extremely well maintained by the current owner with recent improvements including new roof, new windows, new interior & exterior paint, upgraded electrical, renovated kitchens and bathrooms & flooring throughout. Currently offered at a 13.12 GRM and 5.02% CAP Rate (based on current rents), a new investor can take advantage of an already strong rental market capitalizing on market rents and significantly increasing the overall cash-on-cash return.
Updated on April 17, 2018 at 12:12 pm