Property · 2 recorded sales since 2017
Listing Agent: Cameron Samimi (DRE #02035763) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Mark Jones II · eXp Realty of California Inc · MLS #SB21113040 · Source: CRMLS
Turn Key, 1983 construction 3-unit asset located in the heart of Westmont at 1626 W. 104th St., Los Angeles 90047. With Prop 21 failing to pass, investors can take advantage of this Turnkey, NON-RENT CONTROLLED asset offering strong current rents, with room to grow the monthly income. Two identical buildings for sale next door; Can be sold together for a total of 9 units. 1626 W 104th St., is comprised of (1) 2-Bd/2-Ba units and (2) 2-Bd/1-Ba units. These spacious units feature new flooring, countertops, appliances and fixtures, as well dishwashers. Plumbing and electrical have been upgraded. Additionally, each units comes with their own parking spaces. Laundry room on site. There is still room to grow the rental income nearly 20%. The subject property is located in a quiet neighborhood comprised of primarily single-family homes. Additionally, 1626 W 104th St. is minutes from new developments such as SoFi Stadium, Clippers Arena, Hawthorne Mall, Ring, Hollywood Park and SpaceX. This is an ideal pickup for any investor or owner/user looking to live in one unit and let the others pay off the mortgage!
Listing description from the December 2021 sale, as reported to CRMLS.