Property Details
About this Property
Three-unit Property with Future Development Potential with RD.1 Zoning. Located in the desirable neighborhood of Mid-Wilshire near Culver City, Beverly Hills, and Downtown Los Angeles, this property boasts a great mix of units, including two-bedroom and three-bedroom layouts. Each is occupied by stable tenants, ensuring consistent rental income for the new owner. The property is designed for easy management, making it an ideal investment for those seeking a hassle-free income stream with low operating expenses. With a solid 6.1% CAP rate and 12.2 GRM, this property promises a strong return on investment. Tech companies are moving to this area, which is evidence of the long-term investment strategy and investor confidence in the growth of this part of Los Angeles.
MLS Listing Information
MLS #
CRSR24117674
MLS Source
California Regional MLS
Days on Site
165
Interior Features
Laundry
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2305 S Burnside Ave is a Triplex in Los Angeles, CA 90016. This – square foot property sits on a 5,791 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,138,500 and was built in 1924. This address can also be written as 2305 S Burnside Ave, Los Angeles, CA 90016.
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This listing information is up-to-date as of September 04, 2024. For the most current information, please contact Behrouz Lavi, (818) 432-1500
