GREAT investment with a CAP rate of 8.7 located in the City of Los Angeles and consists of two (2) 3+2.5 units on a corner parcel. Constructed in 1991 and thus generally exempt from LA rent stabilization ordinance. The units have separate meters for water, gas, and electricity, which is rare in most income units and helps owners avoid paying for tenants' water consumption and increases their net return.
Listing courtesy of Listing Agent: Qubie Vazquez (teamqubie@gmail.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Jairo Erazo from Pacific Properties Realty
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.