Property Detail

Description

Exclusive new 4-unit in Vermont Square near USC and Exposition Park. The Seller is offering seller carried financing for 2 years at 4.0% interest only and 25% down, producing an immediate cash-on-cash return of over 10.3%. At the Asking Price of $900k, this deal represents the lowest Price per unit for any 4-unit or Duplex sold in the 90062 zip code since Jan 2025. All tenants are market rate and not on subsidized payment structures and actual expenses are extremely low. Tenants are responsible for electric, gas, and trash reducing the owner's expenses. Pricing and cash flow include professional management fees (optional).