38605 25th E Street
Property Description
Hundreds of thousands less than what the property was in escrow for last year.. Basically 4 large side by side remodelled houses.Spectacular turnkey 4 unit investment. This Fully remodeled property spans 15 bedrooms and 8 bathrooms. Generating $135,000+ in gross annual rent. Each unit features recessed lighting, custom closets, upgraded fireplaces and 2 car garages with custom storage. Two units include new Ac/Heating systems: two units have in garage washer and dryers, other two units have designated laundry areas. Residents enjoy private enclosed backyards and ample cul-de-sac parking, plus park like grounds with possibly, potential for expansion. Situated in an Opportunity Zone with no City of LA rent control, rents can rise up to 8.9% annually underAB-1482. Fully occupied ( three section 8 tenants) this asset delivers stable cash flow, minimal vacancy risk, and long-term appreciation.
Broker Details
First Alliance Mortgage Corp (818) 518-1434
MLS ID: 95672 State License Number: 01219638
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,200,000 |
| No. of Units: | 4 |
| Year Built: | 1989 |
| Lot Size: | 5,626.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $300,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 15 |
| Number of Bathrooms: | 8 |
ID: 3yd-GAVARCA-26007206
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