Discover an exceptional investment opportunity with this newly constructed four-unit property, elegantly designed across two modern buildings completed in 2023. Each spacious unit boasts approximately 1,300 square feet of living space with 3 Bedrooms and 2+ Baths, complemented by the convenience of attached garages and dedicated interior laundry rooms. Tenants… Read More will enjoy year-round comfort with central heating and air conditioning, while the separate electric, gas, and water meters ensure ease of management for each unit. Additionally, the inclusion of owned solar systems enhances energy efficiency and sustainability. With the property being non-rent controlled and requiring low maintenance, it presents a remarkable potential for significant upside growth. Don't miss out on this delightful chance to invest in a promising asset! Unit addresses are: 630, 630 1/2, 632 and 632 1/2 West 9th St Los Angeles. Read Less
Property listed by KELLER WILLIAMS REALTY, Colette Leech [email protected]
Built in 2023, Building area total: 5,187, Levels: Two, 2 stories, 2 buildings, Architectural style: , Attached, Common walls: OneCommonWall, Construction materials: Stucco
Community
Sidewalks
Cooling
CentralAir
Expenses
Gardener expense: $480, Insurance expense: $3,041, Licenses expense: $540, New taxes expense: $27,471, Operating expense: $42,621, Other expense: $2,400
Fence
Wood
Fireplaces
None
Floors
Tile
Garage
5 spaces
Heating
Central
Income
Gross income: $144,600, Net operating income: $83,079
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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