$1,550,000
$1,595,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
6 Baths
4,712 SqFt
SOLD DATE : 11/03/2025
Key Details
Sold Price $1,550,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 4,712 sqft
Price per Sqft $328
MLS Listing ID 25515757
Sold Date 11/03/25
Bedrooms 15
HOA Y/N No
Year Built 1961
Lot Size 6,499 Sqft
Property Description
Prime Investment Opportunity High-Yield Income Property. This high-performing, revenue-generating property offers a strong cap rate of over 9.2%, making it an exceptional investment for serious buyers. Extensively upgraded inside and out, the building features newer stucco, fresh paint, a new electrical panel, and a fully inspected and repaired roof, ensuring long-term durability and minimal maintenance costs. Every unit has been completely remodeled, with modernized interiors, updated electrical fixtures, new plumbing, renovated kitchens and bathrooms, and upgraded flooring enhancing tenant appeal and maximizing rental income. With its turnkey condition, modern amenities, and fully occupied units, this property delivers consistent cash flow and strong returns. Ideally located near schools, employment hubs, and shopping centers, it benefits from high tenant demand. The unit mix of six spacious unit 3 x 3-bedroom units and 3 x 2-bedroom further strengthens its investment value, offering a balance of affordability and strong rental potential. This is a rare opportunity to own a low-maintenance, high-yield property in a prime location. Don't miss out!
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR4
Interior
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Appliance Disposal, Microwave, Oven, Refrigerator, Range Hood
Exterior
Porch None
Total Parking Spaces 6
Building
Story 2
Entry Level One
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6022016003
Special Listing Condition Standard
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Bought with Marvin Malone Amberwood Real Estate, Inc.

15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA







