Prime West LA 6-Unit Investment Property Over 5% Cap Rate! Located in the heart of West Los Angeles, this well-maintained 6-unit property is a prime investment opportunity in one of the city's most sought-after rental markets. Boasting a strong cap rate of over 5%, this fully occupied property generates excellent… Read More income with great rents in place. The property features one spacious 3 bed, 3 bath unit, five well-kept 1 bed, 1 bath units, a charming courtyard setting offering a classic West Coast vibe, and two interconnected buildings enhancing privacy and curb appeal. It is situated in an ultra-walkable neighborhood where tenants enjoy easy access to trendy restaurants, bars, and shops, making this an incredibly desirable rental location. With solid income and long-term growth potential, this West LA gem is a must-see for savvy investors! Don't miss out on this rare opportunity! Read Less
Property listed by Pardee Properties, Tyler Kunkle 310-907-6517
Listing Snapshot
Days Online
50
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,692
Lot Size
0.16 Acres
Year Built
1953
MLS Number
25510237
30 Days Snapshot Of 90025
$1.33M
-8%
(avg) sold price
15
-11%
homes sold
65
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Microwave, Refrigerator
Building
Built in 1953, Building area total: 3,692, Levels: Two, Living area: 3692, 2 stories, 2 buildings, Architectural style: Traditional
Floors
Tile, Wood
Garage
5 spaces
Heating
WallFurnace
Income
Gross income: $172,235, Net operating income: $120,565
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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