1416 E 41st Place, Los Angeles, Los Angeles County, CA, 90011 Silicon Valley CA US

USD 1,400,000
For Sale MLS: OC23056448

Property Details

Bedrooms

16

Bathrooms

8

Neighborhood

Central - Alameda

Property Type

MultiFamily

Description

INVESTORS DELIGHT! Close to 5.5% CAP. This is not your ordinary fourplex, it's a real gem with HUGE VALUE ADD POTENTIAL. SUPER COMPETITIVE PRICING. Nothing like it in the market. Boasting a total of nearly 6,000 SqFt, each unit offers a spacious living area of approximately 1,500 SqFt with own SEPARATE METERS for Gas & Electricity, but two of the units also pay for their own water usage. All tenants are current and paying on time and on a Month to Month contract, ensuring a steady income for you as the investor. Although the property is in need of some repairs, it has already undergone some renovations within the last 3 years. Plus, the seller has just installed a NEW ROOF, providing you with peace of mind and saving you money in the long run. Don't miss out on this opportunity to own a FOURPLEX LIKE NO OTHER. Take advantage of its incredible value add potential! Property is minutes away from DTLA, LA Memorial Coliseum, USC, Staple Center, all exciting Restaurants and Shoppings, plus an easy access to the 110 FWY & 10 FWY, and roughly 20 minutes to SoFi Stadium. ACT NOW, Call for more details. Find out more about this property. Request details here

Location

Address

1416 E 41st Pl, Los Angeles, California 90011, United States

City

Los Angeles

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