Apartments For Sale • 6,861 SF
| LISTING BROKER IS ALSO SERVING AS COURT-APPOINTED REFEREE. SALE IS SUBJECT TO COURT CONFIRMATION AND POSSIBLE OVERBID. CONTACT BROKER FOR DETAILS. |
| Built in 1986, twelve one-bedroom, one-bathroom units across two adjacent six-unit buildings totaling approximately 6,861 square feet. |
| The property is subject only to AB 1482 statewide rent control and is exempt from the Los Angeles Rent Stabilization Ordinance (RSO). |
| Consistent occupancy and further rental upside through interior upgrades and rent adjustments. |
| Combined lot size of 11,550 square feet with 22 total parking spaces and two on-site laundry rooms. |
| Oversized double lot offers potential for additional income through accessory dwelling unit (ADU) conversions. |
| Cap Rate: | 5.06 % |
| Total Expenses: | $94,382 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 12 min | - | 6.3 mi |
| Long Beach (Daugherty Field) | 23 min | - | 15.0 mi |
| Bob Hope | 42 min | - | 30.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 22 |
| Type: | Covered |
| Included in Rent: | Yes |