House Los Angeles (United-States) Price: $ 1,075,000 USD

Euro (€ EUR)

American Dollar ($ USD)

British Pound (£ GBP)

Surface 154 m² Bedrooms 5 Land 0 m²

Back on the Market Buyer failed to performance...Exceptional Opportunity: Own 4 Units (Currently 1 Vacant) in Los Angeles! This property is prime for Section 8 rentals with estimated rental income of approximately $10,273 per payment standard, yielding an impressive CAP rate of 8% - a rarity in today's market! Property features brand new roofs, new windows, stylish new kitchen cabinets, and elegant quartz countertops. The front two units offer high ceilings creating a loft-like atmosphere, and built-in laundry hook ups, while the back units benefit from a convenient community laundry space. All units come equipped with new tankless water heaters, stoves, refrigerators, microwaves and mini-split AC/heating systems. Upgrades include new electrical systems and 400 amp panels, and 100% new pex plumbing and state of the art fire sprinkler system (insurance carriers love). All units individually metered for gas and electric. With all units currently vacant great opportunity for buyer to vet their own tenants and have a passive rent generating machine with no headaches or maintenance calls. The seller is also pursuing Section 8 rental approval, allowing for the potential of selling with tenants already in place. At this time Three units has been placed under contract with section 8 and is paying $2,407. Don't miss this exceptional opportunity to choose your own tenants in a highly sought-after location!

Advertiser reference: 99477904 - Le Figaro Properties reference: 75975974

Its assets

Garage & parking

In detail

- Surface 155 m²
- Pièces NC^*
- Chambres 5
- Land 0 m²
- Construction 1934
- Parking 4
- Salles de bain NC^*
- Toilettes NC^*
- Exposition NC^*
- Chauffage NC^*
- Cuisine NC^*
- Taxe foncière NC^*
Energy Performance Certificate

Information not provided by the advertiser

*GreenHouse Gas emission

Information not provided by the advertiser
$ 1,075,000
Finance my mortgage

* Information not provided by the advertiser

Ask for more information Ask for more information

House Los Angeles (United-States)

You couldn’t get through to the owner?
Send it an email right now!

Ask for more information

Ask for more information
Make an appointment
To be called back

Your name

Your email

Your phone

Your message

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

Find out more

This data can also be accessed by Figaro Classified service providers, which provide administrative and technical assistance with sending the information; please be informed that said information may be transferred outside the European Union with the appropriate safeguards in place.

Finally, subject to the options you subscribed to, you can give permission for your data to be used for the purposes of targeted advertising and commercial prospecting by the partners of Figaro Classifieds.

If you require further information about how long your data will be retained and the contact details of the Data Protection Officer of our partner and for Figaro Classifieds, please click here.

To exercise your rights of access, rectification, opposition, deletion, limitation and portability with Figaro Classifieds, please click here or send an email to: DPO_proprietes@figarocms.fr