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$ 1,298,000
Est. payment | /mo
3,603 SqFt
$ 1,298,000
Est. payment | /mo
3,603 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,603 sqft
Price per Sqft $360
MLS Listing ID CL25495183
HOA Y/N No
Year Built 1921
Lot Size 5,592 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
Exclusive Investment Opportunity. Prime Multi-Unit Property with Exceptional Upside Potential. Property Overview: This outstanding five-unit investment property presents an incredible opportunity for investors seeking strong cash flow and significant upside potential. Priced at an 8.18% cap rate with a 9.01 Gross Rent Multiplier (GRM), this asset offers immediate income with the potential to reach a 11.06% cap rate and a 7.11 GRM upon optimization. Potential 12.62% pre tax cash flow. Key Features: *Diverse Unit Mix: The property consists of two immaculately upgraded units, two brand-new ADUs, and one single-family residence (SFR), providing a well-balanced and attractive rental offering. *Brand-New ADUs: Recently constructed accessory dwelling units (ADUs) add additional rental income streams and enhance overall property value. *Strong Market Fundamentals: Located in a desirable area with high rental demand, this property benefits from a stable tenant base and potential for future appreciation. *Upside Potential: With strategic rent adjustments and optimized operations, investors can achieve a higher return, pushing the cap rate beyond 10%.Investment Summary: *Cap Rate (Current): 8.18% *Cap Rate (Pro Forma): 11.06% *GRM (Current): 9.01 *GRM (Pro Forma): 7.11. ***contact us for mo
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 6020008031
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Kelly Morgan • KW Advisors
GET MORE INFORMATION
Kenneth Jamaca
Managing Broker | REALTOR | License ID: 02080040
+1(925) 413-1849 | kenneth@jcastlegroup.com