Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 12.33 GRM and 5.4 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!
|
DAYS ON MARKET
|
92
|
LAST UPDATED
|
1/9/2025
|
|
YEAR BUILT
|
1923
|
COMMUNITY
|
Metropolitan Southwest
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
None |
| APPLIANCES |
Gas Range, Microwave, Refrigerator |
| AREA |
Metropolitan Southwest |
| CONSTRUCTION |
Stucco |
| EXTERIOR |
Awning(s) |
| GARAGE |
None |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| INTERIOR |
Bedroom on Main Level, Ceiling Fan(s), Quartz Counters, Recessed Lighting |
| LOT |
5129 sq ft |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| PARKING |
None |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected, Electric: Electricity - On Property |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LARD3 |
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Listed with Buckingham Investments, 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 1/10/25 4:19 PM PST 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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