$1,468,000
Multi-family property located in the City Terrace area of East Los Angeles, south of the I-10 freeway. The property consists of multiple detached structures, offering a diverse unit mix of studio, one-bedroom and two-bedroom units. Select units have been renovated. Certain buildings have received roof improvements. The property features on-site laundry facilities and garage parking. Utilities for select units are separately metered. The location offers convenient access to Downtown Los Angeles, major transportation corridors, and schools. The property offers a strong income profile with attractive return potential, making it well suited for investors seeking both stable cash flow and long-term value appreciation. Through continued unit upgrades and operational improvements, there remains meaningful opportunity to further enhance rental performance and overall asset value.
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Listed by Shirley Tang with 888 Realty (909) 598-2333
Property Type
Apartment
Status
Active
MLS Number
AR26012655
Year Built
1926
Lot Size
5,772 sq ft