$2,390,000
Los Angeles, CA 90006
17
Beds
15
Baths
7,765
Sq. Ft.
2019
Year Built
Los Angeles
County
ResidentialIncome
Property Type
Built in 2019, this well-maintained 4-unit property will be delivered 100% VACANT, allowing the new owner to immediately establish market rents and select their own tenants. The property features an attractive unit mix of (1) 5-Bed/4-Bath, (1) 4-Bed/3-Bath, and (2) 4-Bed/4.5-Bath units, offering spacious layouts and modern construction with minimal maintenance. Projected rents total $21,500 per month / $258,000 annually. Offered at $2,390,000, the projected rent reflects a 9.26 GRM and a 7.02% pro forma cap rate, with the lowest price per SF at $308. An excellent replacement property opportunity for 1031 exchange buyers, investors seeking a newer multifamily asset, or owner-users looking to occupy a unit while generating rental income in one of Los Angeles' most established and desirable neighborhoods.
$12,721/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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