• 3,838 sq.ft.
  • 6,250 sq.ft. lot
offered at $859,500
Status: Active // Property Type:
County: Los Angeles // Year Built: 1953

Property Description

A solid 4 unit apartment building comprised of four two bedroom, one bath apartments. Considered large due to their 950 SF floorplans, these are highly desirable when being marketed. Each unit has an enclosed garage parking space, 100% permitted copper plumbing, individual water heaters, electric and gas meters, a true low cost to maintain. The grounds are water friendly landscaping, also designed to minimize the water expense to the owner. Great investment that offers 56% upside in the rents to market rates. The raised foundation and no "soft" stories, causes this property to be earthquake retrofit exempt, therefore no large capital expenditure like other multifamily dwellings built before 1978. Building has a storage room which new owner can converted into a laundry room for additional income. Can be acquired with 7323 Bakman (nextdoor) as an 8 unit property with a commercial loan.

Listing Courtesy of Ricardo Dantas, Ricardo Dantas

  • raj qsar
    Principal | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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