Property Detail
Description
Built in 1958, this well-maintained multifamily property offers a desirable unit mix of two 2-bedroom/1-bath and two 3-bedroom/2-bath units, on a 4,783 SF lot zoned LCR4*. With low operating expenses and easy management, this asset presents a strong investment opportunity at a 10 GRM and a 7.6% cap rate, based on the current monthly rental income of $11,620. An upcoming 4% rent increase offers additional upside potential.** Ideally located just 1.9 miles from USC and East Los Angeles College, and approximately 2.2 miles from the Soto Metro Station, the property benefits from both tenant demand and excellent transit accessibility.
Map Location
Listing provided courtesy of Evelyn Baez Gonzalez of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-05-01 08:11:01.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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