1506 W 102ND Street, Los Angeles, CA 90047
Property · 2 recorded sales since 2012
Sold November 2015
Listing Agent: Jerome McAlpin (DRE #00939725) · Listing Office: McAlpin & Company · Contact: 310-437-4172 · Bought with: Luis Bocanegra · Century 21 Jervis & Associates · MLS #15917889 · Source: CRMLS
About this property
We are proud to present this four unit investment opportunity in South Los Angeles. It is located near Western Avenue just south of Century Boulevard. The complex consists of a one bedroom house, a duplex with two - one bedroom units and a two bedroom apartment above the garages. The units produce $3,775 per month and there is plenty of upside in the rents. It is located in the County Strip which is a non-rent control area. So there are no annual SCEP inspections. The units were built in 1922 of wood frame and stucco construction. The owner has applied and been approved for the soundproofing program and new windows and air conditioning units will be installed this month. The property is situated on a huge 8,646 square foot lot. Separate meters and individual hot water heaters keep expenses low and cash flow good at 7.7%. Make offers subject to inspection. PLEASE DO NOT DISTURB TENANTS.
Listing description from the November 2015 sale, as reported to CRMLS.
Sale history
