Turnkey duplex with strong cash flow! Fully remodeled and separately metered, this South LA duplex features two spacious units, each offering 4 bedrooms and 2.5 bathrooms. With approx. 3,748 SF of total living area and updated interiors including wood-style flooring, granite countertops, and stainless steel appliances this is an ideal investment or owner-occupant opportunity. Tenants pay all utilities (gas, electric, water), significantly reducing operating expenses. With projected rents of $3,400–$3,600 per unit, total gross income is estimated at $84,000/year with an adjusted cap rate of ~5.63% at list price. Fully gated lot with 3 car garage. Close to parks, transit, and major freeways. Subject to City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to verify all information.
3,748 Sq Ft
5,099 Sq Ft Exterior Space
Other
Built in 2016
MLS/Listing ID OC25047015
2 Stories
2 Units
Wrought-iron
Carpet
Tile
Cooling - Ceiling Fans
Granite Countertops
Electric Dryer Hookup
Gas Dryer Hookup
Lot - Street Level
Parking - Driveway Level
Parking - Garage
Composition
Gas Cooktop
Gas Oven
Range Hood
Community - Curbs
Construction - Stucco
Listing Courtesy of HCM REAL ESTATE, STEVEN PATTON - 949-491-8667
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE