263 W 41st Place Los Angeles, CA 90037
263 W. 41st Place provides a great opportunity to own a good cash flow 4 unit, 2 story property in South Los Angeles with additional upside on rents and supplemental income (parking/storage). One unit is currently vacant, and one additional unit will be vacant shortly. This two-story, 4- unit investment is comprised of 2 three-bedroom / 1-bathroom units and 2 four-bedroom / 1-bathroom units. Plenty of room for upside rents. The seller will deliver two units vacant. The buyer is purchasing the property with only two units tenant occupied. The actual cap is currently above 7.0% !. The owners have recently renovated one upstairs unit and painted the exterior and made some additional repairs. The property needs some TLC, but the right investor can make this a great cash-flowing asset.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site21 Days
- MLS StatusActive
- MLS ID NumberP1-17217
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.155 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 263 W 41st Place Los Angeles, CA 90037
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General Features
- Terms CashConventional
- Stories 2 Story
Interior Features
- Cooling N/K
- Heating Natural Gas
Exterior Features
- Pool N/K
- Siding Stucco
- Irrigation N/K
Community Features
- Spa N/K
- Neighborhood South Los Angeles