609 W 62nd Street, Los Angeles, CA 90044
Property · 2 recorded sales since 2018
Sold April 2024
Listing Agent: Julio Ruiz (DRE #01911261) · Listing Office: Global Platinum Properties, Inc. · Contact: 424-394-1030 · Bought with: Eduardo Morales · Big Block Powerhouse Realty · MLS #24363367 · Source: CRMLS
About this property
Global Platinum Properties is thrilled to showcase this remarkable Triplex For Sale in the heart of South Los Angeles. Situated on a 5,400-square-foot lot, the subject property comprises three units with a total area of 1,377 square feet. The expansive surface parking available adds convenience and accessibility for residents and their guests alike. What sets this triplex apart is that one of the units will be delivered vacant upon the close of escrow, providing an excellent opportunity for potential buyers to make immediate use or capitalize on rental income prospects. With all units fully occupied, investors can expect an impressive 6.97% Cap Rate and 10.31 FRM ensuring a solid return on investment and long-term stability.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history
