1258 S Woods Avenue

About This Property

Actual Cap Rate / 9.3 GRM! This is a unique opportunity to acquire a 6 unit multifamily property located in unincorporated LA. Built in 1929, this Spanish style property is comprised of two separate buildings totaling 4,186sf and comprised of (6) large 1 bed/1 bath units, with decent layouts, full kitchen & bath, roomy bedroom, washer/dryer hookups, and One unit delivered VACANT and in rent ready condition. The current tenants have good rent histories, and the property offers a strong stabilized investment with built in upside in the rents in a high demand rental market. On a 5,464sf size lot zoned LC-R4, there a total of 6 garages in the rear w/ alley access, providing an ideal opportunity for an ADU conversion. Well located in East Los Angeles near multiple freeways, and near Citadel Outlets. This is a solid investment w/ true value add opportunity!

Unit Mix

• 6 units · 1bd / 1ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

Listing courtesy of Nohco Real Estate

Listing data from CRMLS. Deemed reliable but not guaranteed.