Property
Listing Agent: Daniel Gomez (DRE #02081392) · Listing Office: Younglewin Advisors, Inc. · Contact: 562-266-7629 · Bought with: Daniel Gomez · Younglewin Advisors, Inc. · MLS #PW25022797 · Source: CRMLS
Offered for the first time in over 40 years, this well-maintained property consists of a 2-bedroom, 1-bath (SFR) at the front, and a 4-plex in the rear with (2) 2-bed/1bath and (2) 1 bed/1 bath units. Recent updates include exterior paint (2023), a new roof on the 4-plex (2023), and window replacements throughout. This asset offers substantial value-add potential, with a long-term opportunity to increase NOI by over 200%. Each unit has laundry hookups, 1:1 surface parking and the landlord currently covers only water and trash, keeping operating expenses low. The property is positioned for long-term growth in a strong rental market, making it an ideal acquisition for investors seeking steady returns and future appreciation.
Listing description from the March 2025 sale, as reported to CRMLS.