Great investment property. Is the perfect opportunity for an investor to own near Downtown and USC 550 w 41st Dr, is located at the heart of a culturally vibrant neighborhood of Southern Los Angeles. Surrounded by new developments. This property consist of five exceptional units totaling 3,120 SF of living area on a sizable 6,763 lot. An exceptional value-add investment opportunity located in a high demand rental area. Walking distance to the Coliseum, The Bank of California Stadium, Metro Expo Rail Line, minutes away from USC, Freeway, Exposition Park and Museum. This offering consist of two, easily maintained buildings, a two story fourplex (1B+1B) and one detached large single unit (2B +1B + Den) This building provides adequate parking that consist of four covered parking spaces and two uncovered. All units are separately metered for electric and gas. With the largest unit (2B +1B+Den). It's a prime value add with good cash on cash return. Adding market rent to a future home for potential students or owner user, with exceptional upside potential offering more than 7% Pro Forma Cap Rate.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $1,093,000 | Rodeo Realty | ||
Listed For Sale | $1,093,000 | Rodeo Realty |
Elementary School Global Education Academy | 0.1 miles away | KG - 05 | |
Elementary School Menlo Avenue Elementary | 0.2 miles away | KG - 05 | |
Elementary School West Vernon Avenue Elementary | 0.4 miles away | KG - 05 |