Property
Listing Agent: Jim Porter (DRE #01266035) · Listing Office: Porter Heritage · Contact: 310-408-8129 · Bought with: Linda Hernandez · eXp Realty of California, Inc. · MLS #SB25231210 · Source: CRMLS
8-Unit Apartment Building | First Time on Market in 26 Years! Rare investment opportunity: two 4-unit buildings on one parcel. Each unit is 2 bed/1 bath. Huge upside in rents with a possible 10.3% market CAP and 7.7 market GRM! Upgrades include new roofs, new electrical panels, 68 new vinyl windows (2025), and freshly painted exterior. One remodeled unit is rent-ready. Most units feature updated vinyl/tile flooring. All units include gas range, water heater, and gas wall furnace. 1 covered carport space per unit. Shared courtyard. Many long-term tenants. Subject to City of Los Angeles Rent Control (RSO). Convenient location near freeways, shopping, and restaurants. Huge rental upside.
Listing description from the December 2025 sale, as reported to CRMLS.