Listed by eXp Realty of California Inc
$1,200,000
1063 E 49th Place
Details
APN 5108018026
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.57%
Buildings 1
Acreage 0.136
Zoning Assessor
Multifamily | 5.57% CAP | 4 Units
Marketing description
Exceptional investment opportunity in Los Angeles! This well-maintained four-unit income property offers immediate cash flow with all units currently tenant occupied, making it an ideal addition to any investment portfolio. The property features a rare combination of ample on-site parking, including a large parking pad as well as a separate fully paved bonus parking lotproviding valuable convenience for tenants and potential future flexibility. Situated on a generously sized lot, this multi-family property offers strong rental appeal in a high-demand location with easy access to shopping, dining, public transportation, major freeways, and local employment centers. Whether you're a seasoned investor looking to expand your portfolio or seeking a stable income-producing asset with long-term upside, this Los Angeles fourplex presents an outstanding opportunity to own a solid multi-unit property in one of Southern California's most sought-after rental markets.
Listing Contacts
Listed by eXp Realty of California Inc
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