6 Turn-Key Units in East Los Angeles (No Rent Control)
4 (2-Bed/1-Bath) % 2 (1-Bed/1-Bath) Units
Many Recent Improvements:
New Roof
Updated Electrical
New Windows
New Interior & Exterior Paint
Updated Kitchens, Bathrooms & Flooring Throughout
New Appliances
New Ornamental Iron Work & Walk-Through Gate
Significant Upside in Rental Income
Separately Metered For Electricity & Gas
Pride of Ownership – Prime Rental Location
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.