162 W 65th Street, Los Angeles, CA 90003 For Sale

*UPDATED FINANCIALS | 9.01% CAP RATE* 162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 2 of 4 units delivered tenant ready. The property features a great mix of units including a large 4-bedroom/2-bath front house, along with three additional units consisting of (1) 1-bedroom/1-bath, (1) 2- bedroom/1-bath, and (1) newly constructed 3-bedroom/2-bath unit. The variety of unit sizes and 4 parking spaces in the back of the property makes it attractive to a wide range of renters. With only 2 of 4 units being occupied, the next owner has the flexibility to lease the remaining units at full market rents from day one. Based on market rents, the property has the potential to generate about $12,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. The property is conveniently located in South Los Angeles with easy access to Downtown LA, USC, and the growing Inglewood area, along with major transportation routes and employment centers throughout the city.