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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$695,000
Est. payment /mo
9,301 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSB25010653
Year Built 1933
Lot Size 9,301 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Discover this 4-unit bungalow-style property located in South Los Angeles. Offering a total of 2,798 SF of living space on a spacious 9,301 SF lot, this property features a unit mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. The bungalow-style units provide added comfort and space for tenants, enhancing their appeal and livability. Additionally, a separate structure with four 1-car garages offers potential for ADU conversion (buyer to verify), adding significant value. With incredible upside potential, the property boasts a 11.50% market CAP rate, a 6.66 market GRM, and a remarkable 95% rental upside. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property presents a prime opportunity in a growing South LA neighborhood.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry None
Exterior
Parking Features Garage
Garage Spaces 8.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 6032026008
Special Listing Condition Not Applicable
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