We proudly present 5623 Meridian St. This prime Highland Park property offers incredible seller financing at 3.80% interest-only, fixed for five years, with a loan balance of $2,175,000. Featuring significant upside in rents, it delivers an attractive 6.02% cash-on-cash return from day one. Located just steps from York Boulevard and one mile from Figueroa Street, the property boasts large, spacious units averaging 835 square feet and a desirable unit mix of eight one-bedroom/one-bath and six two-bedroom/two-bath layouts, making it an exceptional investment opportunity.
11,738 Sq Ft
0.2897 Private Acres Exterior Space
Investment
Built in 1963
MLS/Listing ID 25577281
2 Stories
14 Units
Listing Courtesy of KELLER WILLIAMS BEVERLY HILLS, ZACHARY FREEHLING - 310-592-0833
Source of Data: THE MLS
TOTAL MONTHLY COST
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