6628 Denver Ave, Los Angeles, CA 90044

About this fourplex

6628 Denver Ave, is a four unit apartment complex located in the City of Los Angeles. Constructed in 1964 and sitting on a large 5,401 SF Lot Zoned LAR2. Property consists of One unit boasts 3 bedroom + 2 bath ($1,000) ,(2) 2 bed + 1 bath (SECT 8 $2,200) ($1,750) (1) 1 bed and 1 bath (NO PAY), totaling 3,179 SF. The property line is fully fenced and has one entrance. The property has ample on-site parking with 1 car per unit possibly an additional 2 more. This investment presents a 11.28 GRM and 6.15% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenants are all on month to month leases, subject to LA City rent control. Only 3 tenants are current on rent. Property will be sold as is.

Listing description from the September 2024 sale, as reported to CRMLS.

Sale history

$930,000

Sold September 2024 · listed $900,000, on market June 2024 · MLS #SB24123959 · Source: CRMLS

Listing Agent: Evelyn Baez Gonzalez · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 951-902-3006 · Bought with: Shanelle Tolosa · ReMax Proper

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