Description
Great investment property. Is the perfect opportunity for an investor to own near Downtown and USC 550 w 41st Dr, is located at the heart of a culturally vibrant neighborhood of Southern Los Angeles. Surrounded by new developments. This property consist of five exceptional units totaling 3,120 SF of living area on a sizable 6,763 lot. An exceptional value-add investment opportunity located in a high demand rental area. Walking distance to the Coliseum, The Bank of California Stadium, Metro Expo Rail Line, minutes away from USC, Freeway, Exposition Park and Museum. This offering consist of two, easily maintained buildings, a two story fourplex (1B+1B) and one detached large single unit (2B +1B + Den) This building provides adequate parking that consist of four covered parking spaces and two uncovered. All units are separately metered for electric and gas. With the largest unit (2B +1B+Den). It's a prime value add with good cash on cash return. Adding market rent to a future home for potential students or owner user, with exceptional upside potential offering more than 7% Pro Forma Cap Rate.
Location
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing Agent: Amber Martinez 01961174 Courtesy of: Rodeo Realty - Beverly Hills "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 19th August, 2022 10:38 PM (UTC)