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Arash Rokni

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

$875,000

Est. payment - /mo

6 Beds

6 Baths

5,200 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26178656

Bedrooms 6

Lot Size 5,200 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Positioned in the heart of Mid City Los Angeles, this gated two story 4 plex presents an attractive opportunity for investors seeking both immediate rental income and long-term flexibility.The property features four separate units two 2 bedroom units and two 1 bedroom units each offering a functional layout with living space, kitchen, and bedrooms. On site parking and a fully gated configuration add convenience and security for residents. Location is a major advantage. The property is minutes from SoFi Stadium, Intuit Dome, LA Live, the Los Angeles Memorial Coliseum, and BMO Stadium, while USC is approximately 4 miles away and LAX is about 10 miles east. With easy access to some of Los Angeles' most prominent destinations, the property is positioned in an active residential market with strong connectivity. For investors, the property offers an approximate 6.55% cap rate, creating an opportunity to acquire an income producing multifamily asset in a highly desirable Los Angeles location. Adding another layer of potential, the property offers mixed use possibilities, with space that may provide an opportunity for commercial use on the ground level and residential living above, subject to applicable zoning and local regulations. This flexibility could appeal to investors looking to diversify income streams or owners interested in combining business and residential use.

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Florance on Normandie / Cross Streets are Florance & Normandie

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6018008023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Jasmine Bonnell, DRE#02079082 Pinnacle Estate Properties, Inc.

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

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

San Diego Communities

7319 S Normandie Los Angeles, CA 90044

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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