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$ 945,000
Est. payment | /mo
8 Beds
4 Baths
8,469 Sqft Lot
$ 945,000
Est. payment | /mo
8 Beds
4 Baths
8,469 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26217372
Bedrooms 8
Lot Size 8,469 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled and vacant, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Follow gps to willowbrook and park on street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6069007029
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Listed by Miguel Valeriano Martine, DRE#02098128 Coldwell Banker Realty
Nearby Locations
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Keegan Wetzel
Founder | Naval Academy | OIF Veteran License ID: 02153342