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$ 1,400,000
Est. payment /mo
New
3737 Whiteside St Los Angeles, CA 90063
4,782 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25094056
HOA Y/N No
Year Built 1958
Lot Size 4,782 Sqft
Property Sub-Type Quadruplex
Property 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 10.04 GRM and a 7.84% 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.
With low operating expenses and easy management, this asset presents a strong investment opportunity at a 10.04 GRM and a 7.84% 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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LCR4
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features None
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5224022022
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc. • 951-902-3006