Residential Income - Los Angeles, CA

Call Listing Agent Mark Velasco at 626-392-9499 for a private showing. HUGE REDUCTION!! CASH COW PROPERTY!!!! $110,400 Gross Income. CAP Rate is 9.18!! This REMODELED property is located close to USC. Property contains 1,662 sq ft front house (4 beds + 3 baths) & 824 sq ft back unit (3 beds + 2 baths). All upgrades throughout the property have been done with permits & approved by Building & Safety Dept. The following have been done recently: new plumbing and newer roof (GREAT BONES), new laminate flooring, recessed lighting and shutters. Also, remodeled kitchen with new cabinets, granite counters and stainless-steel appliances. BIG ROOMS and OPEN LAYOUT are ideal for USC STUDENT RENTALS. Includes large living and dining room with tons of natural light throughout. High end feel maximizes great room rental prices. Separate washroom, back patio and lots of parking make this an ideal USC student rental. LOCATION is near USC, the Coliseum, Expo Park, Science Center, Natural History Museum, the Banc of Ca Stadium (home to the LAFC) as well as the $1 Billion George Lucas Museum of Narrative Art and much more. Previously rented to students at $1,300 per Master Suite (3) $900 for sun room (1) and $1,100 for other rooms (4). Property will be delivered vacant.