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Updated and well maintained 4-unit property including recently built ADU offering strong 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 11.3 GRM and 6.0 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 | 344 | LAST UPDATED | 7/10/2025 |
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YEAR BUILT | 1923 | COMMUNITY | C36 - Metropolitan Southwest |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Residential Income |
PRICE HISTORY | |
Prior to Mar 10, '25 | $919,000 |
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Mar 10, '25 - May 1, '25 | $899,000 |
May 1, '25 - Jul 10, '25 | $869,000 |
Jul 10, '25 - Today | $829,000 |
ADDITIONAL DETAILS | |
AIR | None |
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APPLIANCES | Gas Range, Microwave, Refrigerator |
AREA | C36 - Metropolitan Southwest |
CONSTRUCTION | Stucco |
EXTERIOR | Awning(s) |
HEAT | Wall Furnace |
INTERIOR | Ceiling Fan(s), Recessed Lighting |
LOT | 5127 sq ft |
PARKING | None |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected |
VIEW DESCRIPTION | None |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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