Description
Fourplex situated on a large 7,573 sq ft lot in the Hyde Park neighborhood of Los Angeles. The property consists of Three 1Bd/1Ba and One 2Bd/1Ba units. All units are single-story and there are four garages in the back of the property. This is a value add deal with approximately 32% rental upside. Current cap rate is 4.67%, Market cap rate is 6.83%.
$899,000
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:
School Ratings & Info
Listing Agent(s): Martin Ensbury of Keller Williams Beach Cities (310-939-9300) and Nicholas Ensbury of Keller Williams Beach Cities(310-939-9300)
Description
Fourplex situated on a large 7,573 sq ft lot in the Hyde Park neighborhood of Los Angeles. The property consists of Three 1Bd/1Ba and One 2Bd/1Ba units. All units are single-story and there are four garages in the back of the property. This is a value add deal with approximately 32% rental upside. Current cap rate is 4.67%, Market cap rate is 6.83%.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T00:28:42.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.