8
Bedrooms
$1,399,000
FOR SALELos Angeles, CA
MLS# 26928353
Derrick Ruiz
Listing Agent
eXp Realty of Greater Los Angeles
DRE #: 00919713
(888) 652-1314Brokerage: eXp Realty of Greater Los Angeles
8
Bedrooms
4
Bathrooms
3,542 sqft
Square Feet
1951
Year Built
6,884 sqft
Lot Size
$395
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
Four 2 bedroom 1 bath units in an active Westchester development area. Good cash flow for investor at 13.6 GRM plus monthly expenses are very low. Tenants pay all utilities except for water. Property will not be delivered vacant. Subject to Los Angeles RSO. Four car carport plus uncovered parking spaces for 2 cars. Room to add an ADU. Property went through LAX soundproofing a few years ago with new double pane windows and ventilation. Property in fair condition owned by a contractor who's done upgrades over the years. Sewer line was replaced several years ago. 6,884 SF lot zoned R3-1, with a Medium Residential General Plan land-use designation. ZIMAS identifies the property as a Housing Element Site, within a Tier 3 Transit Oriented Communities (TOC) area, TOIA 2, and within one-half mile of a Major Transit Stop. The property is also identified as being within the Los Angeles Coastal Transportation Corridor Specific Plan. Buyer to cooperate with seller's 1031 exchange. Please call agent for more information. Inside with accepted offer.
Earthquake data is shown from a real public source (USGS)
Loading hazard data...
Closed sales reported in 90045, nearest first, last 12 months. All recent sales in Los Angeles →
8906 Reading Avenue
Contact Listing Agent