Rare opportunity to acquire two fully residential income-producing buildings on two separate APNs, offered together at $900,000. This 8-unit multifamily portfolio features all one-bedroom, one-bathroom units, providing a streamlined, easy-to-manage tenant mix. Current rents generate over $94,000 approximately in annual gross income, with significant upside potential as units are brought to market rate of $1,650/month. Priced at $112,500 per door, this is an ideal value-add acquisition for investors looking to build or expand their multifamily portfolio in the growing Los Angeles submarket. Both parcels are being sold together do not disturb tenants.
Courtesy of Compass, George Morales - CA DRE#01984555 Selling Office: .
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