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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$695,000

Est. payment - /mo

5 Beds

3 Baths

5,602 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID DW25270199

Bedrooms 5

Lot Size 5,602 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Live in one and rent the other! This well-maintained duplex plus non-conforming studio generates $4,250 per month ($51,000 annually) with both units currently leasedmaking it ideal for investors, 1031 exchange buyers, or owner-occupants looking to house hack. The front unit features a 2-bedroom, 1-bath layout renting for $1,650/month. The rear unit, built in 2019, offers 3 bedrooms and 2 bathrooms with modern finishes and is rented for $2,600/month. A non-conforming studio provides additional upside income potential (buyer to verify), with estimated rent of approximately $1,200/month, bringing potential gross income to $65,400 per year. Investment highlights include an approximate GRM of 14.5, cap rate around 5.4%, and a price per square foot of $342, well below the neighborhood average of approximately $325/SF. Property features include separate electric meters, parking for up to 5 vehicles, and a 5,600 SF lot. Centrally located just minutes from the 110 Freeway, Downtown Los Angeles, SoFi Stadium, and major transit routes, this property benefits from strong rental demand and long-term growth potential. Do not miss this rare opportunity to acquire a cash-flowing property with upside in a prime South LA location. Buyer to verify all information and income potential.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Hoover and Florence

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6020003001

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Listed by Luis Carlos Hernandez, DRE#01702834 Century 21 A Better Service

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

860 W 73rd St. Los Angeles, CA 90044

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

GET MORE INFORMATION