A rare investment opportunity consisting of 4,680 sq ft, 8 bedrooms/7baths: a total of seven units on a 9,508 sq ft lot generating steady rental income with low overhead and strong upside. The front property is a freestanding 2bed/1bath home with long-term tenants, while a two‑story rear structure houses six identical 1 bed/1 bath apartments--each with its own dedicated parking space. A major roof replacement was completed on the larger building roughly three years ago, reducing capital expense.Situated just south of Downtown L.A., this property is a mere 10‑minute drive from the heart of the city and only around 3 miles from USC--making it a highly desirable location for student housing, faculty rentals, and young professionals. Easy access to the I‑110 freeway and local transit routes enhances tenant mobility.For outdoor enthusiasts, the scenic South L.A. Wetlands Park--an award-winning 9‑acre ecological reserve--lies within walking or biking distance, offering trails and green space perfect for daily exercise. Additional nearby recreation includes Augustus F. Hawkins Nature Park and the sports fields and pool at South Park Recreation Center, plus cultural attractions and open space at Exposition Park just a few minutes away.Convenient retail and services are within a mile, including Juanita Tate Marketplace, grocery stores, fitness centers, and neighborhood restaurants.Total parking for seven units is rare in this tight rental market and with consistent unit configurations, operational efficiency is high and turnover minimal. This 7-unit complex delivers dependable income now with room to grow. For investors seeking stable cash flow, low maintenance, and a strategic South L.A. location.
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
6/26/2025
|
|
TRACT
|
Not Applicable
|
YEAR BUILT
|
1920
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| HEAT |
None |
| LOT |
9505 sq ft |
| LOT DESCRIPTION |
Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS |
50x190 |
| PARKING |
Assigned, Concrete, Driveway, Paved |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
One, Two |
| STYLE |
Bungalow, MidCenturyModern |
| SUBDIVISION |
Not Applicable |
| UTILITIES |
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
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Listed with Metzo Realty Inc
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/27/25 1:59 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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