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Seller is ready to SELL! Carport earthquake retrofit has been completed. Roof is approximately 5 years old and significant plumbing has been completed as needed. Annual Gross Rental Income will be $179,520 once you rent out the two vacant units. Please note current Sect 8 voucher standards are $2,289 for 1 bedroom units and $2,887 for 2 bedroom units. Property consists of 9 units (7) 2 Bdrm/1 Bath and (2) 1Bdrm/1 bath- stable tenants. Value-add opportunity as rents are approximately 35% under market rents. This is terrific opportunity for an investor to reposition this property to achieve ProForma rent of $288,000/annual gross.
| DAYS ON MARKET | 71 | LAST UPDATED | 2/26/2026 |
|---|---|---|---|
| YEAR BUILT | 1961 | COMMUNITY | C36 - Metropolitan Southwest |
| COUNTY | Los Angeles | STATUS | Conditional |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Jan 20, '26 | $1,675,000 |
|---|---|
| Jan 20, '26 - Feb 26, '26 | $1,575,000 |
| Feb 26, '26 - Today | $1,499,000 |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | C36 - Metropolitan Southwest |
| HEAT | Natural Gas, Wall Furnace |
| LOT | 9317 sq ft |
| LOT DIMENSIONS | 50x187 |
| PARKING | Carport, Driveway |
| STORIES | 2 |
| VIEW DESCRIPTION | None |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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