350 E 105th Street, Los Angeles, CA 90003

$1,025,000
10
BD
6
BA
3,706
SqFt

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Listing courtesy of Listing Agent: Donny Adams (donnyadams@kw.com) from Listing Office: Keller Williams Hollywood Hills.

List Price
$1,025,000
Status
ACTIVE
Days on Market
28
Price Change
▼ $75,000 1788181124
MLS#
26872811
Subtype
Residential
Style
Contemporary
Year Built
2018
Bedrooms
10
Bathrooms
6
Full Baths
6
Living Area
3,706
Lot Size
5,401
Acres
0.12
MLS Area Major
Metropolitan South (C37)

Property Description

INVESTOR / INCOME PROPERTY / MULTIFAMILY OPPORTUNITY! Spacious Los Angeles duplex featuring 2 large units, each with 5 bedrooms and 3 bathrooms, for a total of 10 bedrooms and 6 bathrooms. Property is currently occupied by a long-term paying tenant who occupies both units, providing established rental income and immediate cash flow for the next owner. Ideal for investors seeking a duplex, multifamily property, income property, rental property, cash-flow property, buy-and-hold investment or long-term real estate investment in Los Angeles. The unusually large 5-bedroom layouts provide substantial space and future rental flexibility, making this a unique high-bedroom-count multifamily asset. Built in 2018 and not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), an important consideration for investors seeking newer multifamily housing with greater future rental flexibility. Buyer and buyer's agent to verify applicable state and local rental regulations, including any applicable rent-increase requirements. Acquire an occupied investment property with established tenancy and existing income while maintaining future opportunities to improve, reposition or optimize the property over time, subject to the existing tenancy, lease terms and applicable laws. Property may be purchased individually or together with other assets in the seller's 4-property Los Angeles investment portfolio, providing an opportunity for investors seeking to acquire multiple multifamily income properties in one transaction. Portfolio APNs: 6063-022-016, 6071-013-008, 6031-019-025 and 5015-015-006.Buyer and buyer's agent to verify property information, rents, lease terms, permits and condition. Contact Don Adams at 323-492-6756 for property details, showing information, portfolio opportunities and offer instructions. GET SMART WITH REAL ESTATE!

Additional Information

Interior Features
Separate/Formal Dining Room, Eat-in Kitchen, Walk-In Closet(s)
Property Description
Contemporary
Zoning
LAR2
Flooring
Carpet
Heating
Central
Stories
Two Levels
Levels
Two
Pool Type
None
Parking Features
Driveway, Garage
View
None

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.