Description
263 W. 41st Pl provides a great opportunity to own a good cash flow 4 unit, 2 story property in South Los Angeles with additional upside on rents and supplemental income (parking/storage). This two-story, 4- unit investment is comprised of two 3-bedroom / 1-bathroom units and two 4-bedroom / 1-bathroom units. Plenty of room for upside rents. Occupied with long-term tenants. The seller will not deliver any units vacant. The buyer is purchasing the property with all the units tenant-occupied. The actual cap is currently above 7.0% !. The owners have recently painted the exterior and made some additional repairs. The property needs some TLC, but the right investor can make this a great cash-flowing asset.
Location
"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: 29th November, 2023 4:22 PM (UTC)
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: 29th November, 2023 4:22 PM (UTC)
Listing Agent: David Tramontano
Listing Office: The Jireh Group
