1258 S Woods Avenue, Los Angeles, CA 90022
1258 S Woods Avenue, Los Angeles, CA 90022
1258 S Woods Avenue, Los Angeles, CA 90022
14
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$1,100,000
Est. payment /mo
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4 Beds
4 Baths
5,464 Sqft Lot
New

1258 S Woods Avenue Los Angeles, CA 90022

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26157924

Bedrooms 4

Lot Size 5,464 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Actual 9.9 GRM/6.3% Cap Rate! This is a unique opportunity to acquire a 6 unit multifamily property located in Unincorporated LA so it does NOT fall under city of LA RSO. Built in 1929, this Spanish style property is comprised of two separate buildings totaling 4,186sf and comprised of (6) large 1 bed/1 bath units, with decent layouts, full kitchen & bath, roomy bedroom, washer/dryer hookups, and One unit delivered Vacant and in rent ready condition. The current tenants have good rent histories, and the property offers a strong stabilized investment with built in upside in the rents in a high demand rental market. On a 5,464sf size lot zoned LC-R4, there a total of 6 garages in the rear w/ alley access, providing an ideal opportunity for an ADU conversion. Well located in East Los Angeles near multiple freeways, and near Citadel Outlets. This is a true Value Add Opportunity!

Location

State CA

County Los Angeles

Zoning Assessor

Direction Off 5 Fwy, exit Woods Ave, head north, before Olympic Blvd, right side.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5245013015

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Brian Noh, DRE#01438155 Nohco Real Estate 

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent | License ID: 01405643

+1(858) 337-2796

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1258 S Woods Avenue

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