$1,250,000
Amazing Fourplex! (Note: Primary Pic is an A.I. Simulation of exterior remodel, current condition pic in the photos). Incredible 8.65 CAP Rate possible! Close to everything and just north of trendy Studio City with ideal dinning and shopping amenities without the Studio City Price. Great investment opportunity, Huge upside for improved rents. All units currently month-to-month. Everything major has been recently renewed in all units, including new roof, copper plumbing, electrical, (all units feature recessed LED lights), newer meters, newer flooring in ALL rooms, bathrooms totally redone with newer tube and tile enclosures, Newer AC units, Dual pane on half the units. Some units do need new cabinets. Parking in back of unit with garages. There are no monthly expenses paid by owner, per owner other than property taxes, Tenants cover everything including water. Ready for the Olympics?
Click to interact with map
Listed by Brent Hawker with Brent Andrew Hawker Broker (805) 304-2996
Property Type
Residential Income
Status
Active
MLS Number
225004537
Year Built
1941
Lot Size
7,553 sq ft