As of Dec 20th on of the apartments is vacant and we have a tenant ready to move in after cleaning for $2,000 a month. So Current Actual income will be $6,700 month and GRM 10.6 Reduced price for quick sale.Excellent Investment property on a corner lot. Two apartments and two stores. Each apartment is extra large with 4 Bedrooms and 2 baths. They passed the city inspection recently. The commercial units are large with good exposures. Separate Electrical and Gas meters.Brand new (permitted) Rear stair case .There are several gated parking spaces in the back. All the units have back doors to access the parking. photos were taken after remodeling the units before occupancy. Easy access to freeway ,not too far from Down Town Los Angeles. More photos to come. Motivated seller.
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, Listed on
CYRUS RAOUFPUR, License# 01256971,
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This 8 bedroom Multi-Family home
for sale in Los Angeles, CA
is currently listed for $848,000.
Featuring a lot size of 4,792 Sq. Ft.,
5501 S Broadway
was built in 1905 and
has been on ERA.com for 57 days.
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