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$700,001
Est. payment /mo
4 Beds
2 Baths
2,041 SqFt
UPDATED:
10/03/2024 05:35 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,041 sqft
Price per Sqft $342
MLS Listing ID 22129453
Bedrooms 4
HOA Y/N No
Year Built 1941
Lot Size 8,851 Sqft
Property Description
12.29% GROSS RENT INCOME PROPERTY!!!!!! UPDATE 1 SEPT 24 rent increase: to $7171 a month or $86,052 a YEAR: Garage can be converted to 1 br or 2br unit, so still has upside. Low risk tenant, 3 VASH or SEC 8 Most rent( 90%) paid by GOVERNMENT. THERE IS LIKE VERY LITTLE RENTAL RISK ON THIS PROPERTY. Your $700,000 to make $86,052 a year is a smoking deal. High Cash Flow and Upside to add 1 more unit.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Zoning LRR2*
Interior
Heating Baseboard
Cooling Evaporative Cooling
Fireplace No
Exterior
Garage None
Total Parking Spaces 2
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 3134030015
Special Listing Condition Standard
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Listed by Jason Hurst • EGL Properties Incorporated