$1,125,000
We are pleased to present a well-maintained 6-unit multifamily property offering strong in-place income with significant value-add potential. Built in 1960, the property consists of approximately 4,045 rentable square feet situated on a 5,832 square foot lot. The unit mix includes two (2) 1-bedroom / 1-bath units and four (4) 2-bedroom / 1-bath units, providing an attractive layout that caters to a broad tenant base. The property features six (6) assigned parking spaces and is individually metered for gas and electricity. Excellent investment opportunity with approximately 40% rental upside through a strategic renovation program, offering the ability to increase cash flow and overall asset value. Positioned along Alondra Blvd with convenient access to the 710 Freeway, the property is surrounded by schools, parks, retail, grocery, and dining options, and is in close proximity to East Rancho Dominguez Park. Strong rental demand in the area continues to support long-term stability and growth for multifamily investments.
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Listed by Kamfar Kyle Mirrafati with Matthews Real Estate Investment Services (866) 889-0550
Property Type
Residential Income
Status
Active
MLS Number
26689627
Year Built
1960
Lot Size
5,833 sq ft