Investors, how would you like immediate positive income of roughly $12,500 per month on day one. This is a rare opportunity to invest in a quadplex in a prime location. The property is just minutes from the University of Southern California (USC), which has an enrollment of over 40,000… Read More students. It is also close to Exposition Park, a popular tourist attraction that hosts museums, gardens, and a rose garden. The property is within easy walking distance of the Expo Line light rail station, which provides convenient access to downtown Los Angeles and Santa Monica. In addition, the property has quick access to the 10 freeway, which provides a direct route to many popular destinations. The property is fully occupied, and tenants pay for all utilities. This is a great investment property in a desirable location. Read Less
Property listed by Homequest Real Estate, Kent Tsen 909-802-0082
Listing Snapshot
Days Online
201
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
1905
MLS Number
OC24126298
30 Days Snapshot Of 90007
$1,055k
0%
(avg) sold price
0
-100%
homes sold
77
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road surface type: Paved
Appliances & Equipment
GasRange, Dryer, Washer
Building
Built in 1905, Building area total: 3,700, Levels: Two, 2 stories, 1 building, Common walls: NoCommonWalls
Community
StormDrains, StreetLights, Sidewalks, Urban
Expenses
Electric expense: $4,635, Insurance expense: $2,047, Operating expense: $16,962, Water sewer expense: $4,280
Fireplaces
None
Floors
Laminate
Heating
WallFurnace
Income
Gross income: $121,253, Net operating income: $104,291
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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