Property · 2 recorded sales since 2012
Listing Agent: Todd Rubinstein (DRE #01220146) · Listing Office: TOLD Partners, Inc. · Contact: 818-593-3800 · Bought with: Leianis Aldana · CENTURY 21 Action ! · MLS #SR13008483 · Source: CRMLS
Gorgeous two buildings with 2 units each south of USC. Bread and butter newly partially rehabbed 4-plex with great potential for owner-user or investor looking for solid investment returns. 100% occupied. Beautiful grounds and gated. Convenient access to main streets, busway, freeway, and Express lanes for commuting ease. Great investment with 30% down (for example) and current interest rates, investor can walk into an approximate 9.25% or more yield or cash on cash return on initial investment. Plus, good upside on rental income as well as a great R4 zoning opportunity to build more units.
Listing description from the May 2013 sale, as reported to CRMLS.