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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 2,390,000

Est. payment | -/mo

17 Beds

15 Baths

7,765 SqFt

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$ 2,390,000

Est. payment | -/mo

Save

17 Beds

15 Baths

7,765 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,765 sqft

Price per Sqft $307

MLS Listing ID 26992575

Bedrooms 17

HOA Y/N No

Year Built 2019

Lot Size 6,908 Sqft

Property Description

Built in 2019, this well-maintained 4-unit property will be delivered 100% VACANT, allowing the new owner to immediately establish market rents and select their own tenants. The property features an attractive unit mix of (1) 5-Bed/4-Bath, (1) 4-Bed/3-Bath, and (2) 4-Bed/4.5-Bath units, offering spacious layouts and modern construction with minimal maintenance. Projected rents total $21,500 per month / $258,000 annually. Offered at $2,390,000, the projected rent reflects a 9.26 GRM and a 7.02% pro forma cap rate, with the lowest price per SF at $308. An excellent replacement property opportunity for 1031 exchange buyers, investors seeking a newer multifamily asset, or owner-users looking to occupy a unit while generating rental income in one of Los Angeles' most established and desirable neighborhoods.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway

Total Parking Spaces 6

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5056009008

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by H. Jason Yang GAIA #02044611

📞 Call 661-447-5111

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California 93312, USA

1522 Arapahoe ST Los Angeles, CA 90006

Josh Gregorio

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1522 Arapahoe ST