Description
Updated and well maintained 3-unit property with newly built adu offering strong 4-unit 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 12.33 grm and 5.4 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!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47163706
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Flat
- Exterior Property Features : Awning(s)
- Interior Features: Ceiling Fan(s),Quartz Counters,Recessed Lighting,Bedroom on Main Level
- Windows: Double Pane Windows
- Property Appliances: Gas Range,Microwave,Refrigerator
- Fireplace: None
- Flooring: Laminate
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1923
- Building Area Total: 2,004
- Construction: Stucco
- Roof: Flat
Exterior Features
- Awning(s)
Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
Accessibility Features
- None
Pool Features
- None
Laundry Features
- None
Fencing
- Chain Link
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1177
- Lot Size Source: Assessor
- Lot Size Square Feet: 5129
-
Listing Information
Listing Price Information
- Original List Price: 869,000
- Listing Contract Date: 2024-10-03
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6038021001
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: None
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C36 - Metropolitan Southwest
- Postal Code Plus 4: 4810
- Directions: Property is located South of Manchester Ave between Vermont Ave. & S Hoover St., West of the 110 Fwy.
- Zoning: LARD3
- Source Property Type: Residential Income
- Area: C36 - Metropolitan Southwest
- Property SubType: Triplex
Building and Construction
- Property Age: 102
- Common Walls: No Common Walls
- Property Condition: Updated/Remodeled
- Structure Type: Triplex
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: Front
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 05/13/2025 @ 21:24
- MLS: SB24211066
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 2,004 sqft, 5,129 sized lot, and 0 parking. are nearby neighborhoods.