641 W CENTURY, Los Angeles, CA 90044

About this property

standard sale, complete remodel 5 units apartment building. all units are individually metered for electricity and gas. 3 units are 1 bedroom and 2 units are 2 bedrooms, all building is vacant and landlord is in the process of renting one of the 1 bedrooms for $1,325 and one of the 2 bedrooms for 1,600. all unit have new floors, new baseboard, new vanity, new tile, new kitchen counters and cabinets. rental demand is very high in the area and new owner shouldn't have any issue renting the vacant units. landlord purposely wanted to leave 3 vacant units for the new owner. parking in the back is secured with automatic gate and remote. this is a great investment with an easily achievable proforma GRM of less the 10 and high cap rate.

Listing description from the December 2017 sale, as reported to CRMLS.

Sale history

$840,000

Sold December 2017 · listed $824,900, on market October 2017 · MLS #17283534 · Source: CRMLS

Listing Agent: Tal Bader · Listing Office: Bader Realty, Inc. · Contact: 310-345-4073 · Bought with: Alice Rodriguez · Keller Williams Realty

$640,000

Sold August 2017 · listed $750,000, on market May 2017 · MLS #17236350 · Source: CRMLS

Listing Agent: Lewie Zettell · Listing Office: Westside Properties · Contact: 310-839-6051 · Bought with: Lewie Zettell · Westside Properties

Explore Los Angeles