Los Angeles, CA 90003
$1,025,000

Mark Quesada
Broker / Owner
DRE #02101365
INVESTOR / INCOME PROPERTY / MULTIFAMILY OPPORTUNITY! Spacious Los Angeles duplex featuring 2 large units, each with 5 bedrooms and 3 bathrooms, for a total of 10 bedrooms and 6 bathrooms. Property is currently occupied by a long-term paying tenant who occupies both units, providing established rental income and immediate cash flow for the next owner. Ideal for investors seeking a duplex, multifamily property, income property, rental property, cash-flow property, buy-and-hold investment or long-term real estate investment in Los Angeles. The unusually large 5-bedroom layouts provide substantial space and future rental flexibility, making this a unique high-bedroom-count multifamily asset. Built in 2018 and not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), an important consideration for investors seeking newer multifamily housing with greater future rental flexibility. Buyer and buyer's agent to verify applicable state and local rental regulations, including any applicable rent-increase requirements. Acquire an occupied investment property with established tenancy and existing income while maintaining future opportunities to improve, reposition or optimize the property over time, subject to the existing tenancy, lease terms and applicable laws. Property may be purchased individually or together with other assets in the seller's 4-property Los Angeles investment portfolio, providing an opportunity for investors seeking to acquire multiple multifamily income properties in one transaction. Portfolio APNs: 6063-022-016, 6071-013-008, 6031-019-025 and 5015-015-006.Buyer and buyer's agent to verify property information, rents, lease terms, permits and condition. Contact Don Adams at 323-492-6756 for property details, showing information, portfolio opportunities and offer instructions. GET SMART WITH REAL ESTATE!
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$7,565/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Donny Adams, Keller Williams Hollywood Hills
MLS# 26872811 · Active
History reflects records reported to the MLS and may be incomplete.