$950,000
Highland Park, CA 90042
8
Beds
4
Baths
3,034
Sq. Ft.
1952
Year Built
Los Angeles
County
Quadruplex
Property Type
Just Listed a house in the front with 3 units at the rear building in a quiet Highland Park Area. The front house is 2 bedroom/2 bath house with a garage. Other units at the rear of the property with alley access consist of 1 bedroom/1 bath, 2 bedroom/1 bath, & 3 bedroom/1 bath. Reliable tenants. The largest unit downstairs at the rear building is being delivered vacant. Current GRM: 21.10 and Cap Rate: 3.24%. Proforma GRM: 7.82 and Proforma Cap Rate: 11.28%. Furthermore, there is a basement which can possibly be used a Studio Unit. Great Upside Potential.
$5,056/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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