6 bedroom house for sale
$1,295,000 - Los Angeles CA 90011Los Angeles CA 90011
6 bedroom house for sale
- Beds: 6
- Baths: 5
- Price: $1,295,000
- :
- Area: 2,094 sqft
Overview
6.99% Cap Rate! 1267 E 56th St is a fantastic investment opportunity for any investor or owner/user in a vibrant area of South Los Angeles. This 4-plex with 2 new ADU units are operating close to a 7% Cap Rate with current tenants in place. Located in Historic South Central, this building boasts an excellent unit mix of (3) 1-Bed/1-Bath, and (1) 3-Bed/2- Bath, ideal for an owner/user. Highlighted by a massive 3-Bed/2-Bath front unit, this asset is ideal for an owner/user to live in a newly remodeled unit and cash flow from the remaining three. The offering presents any investor or owner/user the opportunity to acquire an incredible 4-Plex in one of LAs quickly growing sub-pockets. Notably, two of the 1-Bed/1-Bath units are newly constructed ADUs, exempt from any rent control laws, adding a valuable element to this investment opportunity. The entire building has been renovated and rented out at strong rents and will operate at a 7% cap rate for an investor. 1267 E 56th St is located minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Arts District, as well as billions of dollars worth of development in Downtown LA. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i69067949Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Location
Los Angeles CA 90011
6 bedroom house for sale
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-09, Viewed 1 times.
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