317 N Occidental
Los Angeles — 6 units / 4,886 sf building
Listing Agent: Brent Lippincott, TREC HOMES INC.
1 / 29Units
6
Building Size
4,936 sf
Lot Size
6,328 sf
Status
Active
Listing Agent: Carlos Munoz, Century 21 A Better Service
Los Angeles
4237 8th Avenue
About This Property
Rare 6-unit Spanish-style building in one of LA's most historic neighborhoods - Leimert Park. Nearly 85% rent upside, current gross income $84,516/yr vs. $156,000/yr at market. One 2BD/1BA unit is currently not occupied and available to live in and / or rent. Updated electrical panels, copper plumbing, several units renovated with granite counters and new flooring. 4 detached garages, 2 available for the next owner to lease separately. Owned coin laundry on-site. Cap rate approximately 5.1% in-place, approximately 11.1% at full market rents. Walking distance to the vibrant Leimert Park Village. Don't miss out.
Unit Mix
- 4 units · 1bd / 1ba
- 2 units · 2bd / 1ba
Neighborhood
This property is located in Los Angeles. Want to learn more about the area?
Explore CommunitiesAsking Price
$1,199,900
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Listing Agent
Carlos Munoz
Century 21 A Better Service
