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$2,650,000
Est. payment /mo
12 Beds
12 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25090990
Bedrooms 12
Property Sub-Type Res Income 2-4 Units
Property Description
Rare investment opportunity with huge upside in rents: Five individually parceled 3-Bed / 2.5-Bath Condominiums built in 1991, each with its own APN (2237-021-026, 2237-021-027, 2237-021-028, 2237-021-029, 2237-021-030) and featuring attached 2-car garages with direct access, private balconies, in-unit washer/dryer hookups, dishwashers, and central HVAC. Per ZIMAS, these units are not subject to RSO rent control and not subject to AB1482 (individually owned condos, not held by a corporation or trust). All units are individually metered for electric and gas and have their own water heaters. One unit has been fully remodeled, leaving four units primed for value-add cosmetic upgrades, creating excellent potential for strong cash flow, renovation upside, and multiple exit strategies.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Right on Hazeltine followed by a left on Gilmore
Interior
Fireplace No
Exterior
Utilities Available Sewer Connected
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 2237021026
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Listed by Alen Arutyunyan LEAD Realty & Lending