An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $1,750,000 | $284 | Equity Union |
Elementary School Bridge Street Elementary | 0.1 miles away | KG - 05 | |
Elementary School Utah Street Elementary | 0.4 miles away | KG - 08 | |
Elementary School Second Street Elementary | 0.5 miles away | KG - 05 |