532 N Berendo Street Active

Los Angeles,CA 90004

$ 1689000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24220787

Bedrooms 8

Lot Size 7,505 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

INVESTORS DREAM with a MOTIVATED SELLER WITH and an ANNUAL INCOME OF $175,224/ year and TWO UNITS ARE BEING DELIVERED VACANT!!! This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used and rented always with long term tenants thanks to the nearby school and hospital with many travel nurses as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!! ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,224 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units. The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb currently and bringing in consistently $3500+ + $3500+ each per month with longterm tenancy thanks to the nearby college and the hospital with traveling nurses as common tenants. This is the best deal in town with motivated seller and any reasonable offer will be considered. SO SUBMIT YOUR OFFER TODAY!
INVESTORS DREAM with a MOTIVATED SELLER WITH and an ANNUAL INCOME OF $175,224/ year and TWO UNITS ARE BEING DELIVERED VACANT!!! This is a 4 legal units with ONE ADDITIONAL BONUS 2 bedroom unit that is unpermitted but fully remodeled and it has been used and rented always with long term tenants thanks to the nearby school and hospital with many travel nurses as an AIRBNB with an income of average $3500/ month. MAKING THIS REALLY A 5 UNIT PROPERTY!!! ALL UNIT ARE FULLY REMODELED and IN A FANTASTIC CONDITION, 10+ parking spots, and property brings in $175,224 per year $14,602 per month. LIVE in the unpermitted unit and rent the remaining 4 units. The units are 5 X 2/1. With income of $3500 (Section 8 tenant), $3052 (Section 8 tenant), $1050 (regular lease tenant), and TWO vacant units which are used as Airbnb currently and bringing in consistently $3500+ + $3500+ each per month with longterm tenancy thanks to the nearby college and the hospital with traveling nurses as common tenants. This is the best deal in town with motivated seller and any reasonable offer will be considered. SO SUBMIT YOUR OFFER TODAY!

Location

State CA

County Los Angeles

Area Los Angeles (90004)

Zoning Assessor

Building

Story 2

Others

Monthly Total Fees $47

Acceptable Financing Cash,FHA

Space Rent $3,500

Listing Terms Cash,FHA

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