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ZIP CODE 90011

$1,399,000
8 Beds 6 Baths ACTIVE Status
We are proud to announce the exclusive listing for sale of 4321 Woodlawn Avenue, Los Angeles, CA 90011, a six-unit multifamily investment property near Downtown LA with a 5.0% cap rate at list price on day one.The gated property comprises three separate bungalow style buildings along a center courtyard, with six easily accessible parking spaces in the back with alley access. The total building square footage is 2,736 and is located on a 6,750 square foot lot, zoned LAR2. The bungalow style and unit mix are very desirable. The property consists of four one-bedroom / one-bathroom and two two-bedroom / one-bathroom units. The property is well-maintained and income is stable, four of the tenants reimburse the owner for utilities via RUBS, and one of the tenants is Section 8. 4321 Woodlawn is located just south of Downtown LA, east-adjacent of the 110-freeway, and is within five minutes of the University of Southern California (USC), Natural History Museum, and Exposition Park. The area's desirability and rental rates continue to climb quickly, as both DTLA and USC continue to grow and expand nearby. This is an incredible opportunity to buy a multifamily investment property that has a desirable layout and setup, is well-maintained, and provides immediate cash flow. Additionally, the Seller's current loan may be assumable. This information, along with the utility bills, will be provided upon request to serious buyers. ** Buyer is responsible to do all due diligence with the city. Do not disturb tenants or walk on the property.

4321 Woodlawn Ave, Los Angeles

Courtesy of , David Bramante - CA DRE#

$1,200,000
8 Beds 6 Baths ACTIVE UNDER CONTRACT Status
*** ACCEPTING BACK UPS PENDING CANCELLATION OF CURRENT ESCROW *** ATTENTION INVESTORS AND OWNER OCCUPANTS! One-of-a-kind, amazing, investment opportunity with multiple potential uses includes 2 residences on one large LAC 1.5 zoned lot! The rear property is a HUGE, elegant and contemporary 5 BR / 4 BA / 2 car garage home (built in 2008) set behind the elongated, gated driveway. This home is like a suburban dream home built in the heart of LA! The downstairs has a sunny great room; eat-in-kitchen; ground floor bedroom; full bathroom with step-in shower; and outdoor access to a covered patio and outdoor area to BBQ, relax or play. The kitchen has warm-colored granite countertops; custom cabinets; a chef's dream five burner gas cooktop; stainless steel oven, a dishwasher and refrigerator. High vaulted ceilings, central air and heat, recessed lighting, and wood and tile floors in the living areas. Upstairs you will find 4 big bedrooms; a hallway bath with shower over tub design and granite counter, and dual vanity. There is also a deluxe master suite with a walk-in closet; glass and tile shower/tub; and granite vanity. A laundry room is also upstairs including a utility sink. There is also a balcony and additional off-street parking. The front unit (built in 1890) is 3 BR / 2 BA house that is more original to the homesite and is currently rented for $1,702 /mo to a well-performing tenant. (Tenant is current on all rent and this unit shall transfer to the new owner with the tenant in possession). So many possibilities as this is a rare investor's "unicorn" that will exceed your expectations! *** CURRENT INSPECTIONS AVAILABLE FOR REVIEW ***

2318 Maple Ave, Los Angeles

Courtesy of , Conrado Delagarza - CA DRE#

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