16 bedroom house for sale
Los Angeles CA 90007
- Property Type
- House
- Price
- $1,950,000
- Beds
- 16
- Baths
- 8
Overview
ATTENTION INVESTORS: Looking for a well performing turn-key property within the USC DPS Zone? This well-maintained quadruplex, located just a mile from USC Village, offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation. Currently generating $145, 844 in rental income with low expenses, this property boasts a solid 5.59% cap rate. As we approach the peak student rental season, current vacancies are expected to be filled, potentially increasing the annual rental income by up to $52, 800. The building consists of four remodeled and updated units, each approximately 1, 100 square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms. Modern amenities include tankless water heaters, central AC and heat, laundry machines, fully equipped kitchens, and furnished common spaces. Each unit is separately metered for gas and electricity. Bedrooms are currently rented to students and are equipped with a bed, desk, and mini-fridge. Don't miss out on this prime investment opportunity!
Details
- Beds: 16
- Baths: 8
- Price: $1,950,000
- Reference No.: 73660074
- Area: 4,320 sqft
Location
Los Angeles CA 90007
16 bedroom house for saleRelated Properties
Disclaimer
2024-07-05, Viewed 1 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-07-05, Viewed 1 times.
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