6 Units in Los Angeles

Address: 933 S Soto St
City: East Los Angeles, Los Angeles
State/county: California
Zip/Postal Code: 90023
Neighborhood: East Los Angeles
Country: United States

Description

We are pleased to exclusively offer for sale this turn-key multi-family investment in the city of Los Angeles. The subject property consists of 6 residential single story units spread amongst three separate structures. The subject property has been extremely well maintained by the current owner with recent improvements including copper plumbing, upgraded electrical, renovated kitchens and bathrooms, as well as double pane windows. Tenants enjoy onsite parking. Currently offered at a 12.3 GRM and 5.39% 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.