Description

Over $16,200 in monthly rental income!!!! You won't find a building nicer than this one, at this price, with this type of rental income. Take a look at this beautiful 8-unit investment property, now available in the up-and-coming Park Hills Heights neighborhood of Los Angeles. This property is comprised of 2 separate buildings. The main building consists of 7 different units (mix of 1 and 2 bedrooms), plus there's an additional newly-built 3-bedroom/2-bath bungalow located in the back of the property. Each unit has their own assigned gated parking space. Separate laundry room on-site creates additional monthly income. The majority of the units have been renovated over the past several years. Property is gated with a nicely-manicured front yard and great curb appeal. Very low maintenance and very friendly/cooperative tenants. Total monthly utility costs are approximately $1,400.

Property details

Year built

1958

Property type

Residential Income

Lot size

8,500 sqft

Location

6821 11th Ave. • Los Angeles, CA 90043

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Listed by

Cameron Davis · Selling OC Real Estate

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Closed sales reported in 90043, nearest first, last 12 months. All recent sales in Los Angeles →

Residential Income - 6821 11th Ave., Los Angeles, CA