711 W 90th Street, Los Angeles, CA 90044

$1,185,000
13
BD
6
BA
3,746
SqFt

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List Price
$1,185,000
Price Change
▼ $364,000 1781645259
Status
ACTIVE
MLS#
26827561
Year Built
1923
Bedrooms
13
Bathrooms
6
Living Sq. Ft
3,746
Lot Size
5,866
Acres
0.13
Days on Market
94
Property Type
Multifamily
Stories
Two Levels

Property Description

New price. Improved investor opportunity. 5-unit income property comprised of 2 separate buildings, featuring a desirable unit mix of (2) 3-bedroom units and (3) 2-bedroom units, along with 3 garages. Property features include copper plumbing, updated gas lines, ABS drainage for the plumbing in both buildings, updated electrical including receptacles, LED lighting fixtures, ceramic flooring throughout the units, security gates, and granite kitchen countertops. Both buildings have composition roofs with replaced roof sheathing. The property has tankless water heaters, along with separate gas meters and electrical panels. Units include in-unit laundry, with most appliances owned by the building. Fully occupied with consistent rent collection. Rents were recently increased, providing in-place income with remaining upside potential. Owner pays water and sewer. Located across from Elgin Sutton Recreation Center, the property offers a desirable setting that supports strong tenant demand. An attractive opportunity for investors seeking stable cash flow with strong in-place fundamentals.

Additional Information

Appliances
Refrigerator, Dryer, Washer
Heat
Natural Gas
Cooling Description
None
Garage Spaces Total
3
Attached Structure
Attached
Number Of Units Total
5

Listing courtesy of Listing Agent: Deborah Perkins (DebbyPerkins@icloud.com) from Listing Office: Douglas Elliman.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.