Property Details: • Type: Multi-Family • Bedrooms: 16 • Bathrooms: 8 • Square Feet: 4704 • Lot/Size: 9,983 sqft lot
Description: Excellent multifamily investment opportunity in Los Angeles. This 8-unit property offers strong in-place income with additional upside through lease-up of the current vacancy. The property is currently generating approximately $172,688 in annual gross rental income with one vacant unit, producing an actual GRM of 9.55.Once fully occupied, projected annual gross rental income increases to approximately $199,000, bringing the projected GRM to approximately 8.29. This creates a compelling value-add opportunity for an investor seeking immediate cash flow with clear upside. Nearby transit includes access to the Metro A Line, including the Firestone Station on Graham Avenue and the 103rd Street/W