Property Detail

Description

Turnkey duplex with strong cash flow! Fully remodeled and separately metered, this South LA duplex features two spacious units, each offering 4 bedrooms and 2.5 bathrooms. With approx. 3,748 SF of total living area and updated interiors including wood-style flooring, granite countertops, and stainless steel appliances this is an ideal investment or owner-occupant opportunity. Tenants pay all utilities (gas, electric, water), significantly reducing operating expenses. With projected rents of $3,400–$3,600 per unit, total gross income is estimated at $84,000/year with an adjusted cap rate of ~5.63% at list price. Fully gated lot with 3 car garage. Close to parks, transit, and major freeways. Subject to City of Los Angeles Rent Stabilization Ordinance (RSO). Buyer to verify all information.