$4,950,000
bedrooms
20
bathrooms
0
square feet
10,499
Acreage
0.1348
Open Houses
-
year built
2018
Full Baths
0
Half Baths
0
This is a rare opportunity to own an 11-unit apartment building in a highly desirable and private cul-de-sac just minutes from the 101 freeway. With a high occupancy rate and strong rental history, this property offers both immediate cash flow and long term growth potential. Located in a sought-after area with easy access to major shopping, dining and entertainment, it's perfectly positioned to attract and retain quality tenants. With no rent control in place, there's a significant value add opportunity for a 7% rent increase, allowing investors to quickly enhance cash flow. Currently, the landlord covers the water expense, but that cost can be passed on to tenants to further increase net operating income. This is a low-maintenance asset as there's no elevator, minimal common area upkeep and low power usage, making it ideal for owners looking for low operational costs. This property offers reliable income, and clear value-add potential, making it an exceptional opportunity for both new and seasoned investors. Don't miss your chance to acquire a well-positioned, income-generating building with real upside in one of the most convenient neighborhoods. Schedule a private showing today!
Location | |
Subdivision | - |
County | Los Angeles |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Find out more
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MLS number: 25523905
Listing agent:
Christian Crane
Listing broker:
Nest Seekers International
(310) 278-8861
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 2:57 p.m. EDT
Kotohomes National