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1344 W. 39th Street,
Los Angeles, California 90062

$1,550,000
1344 W. 39th Street, Los Angeles, CA 90062

Property Details

Beds6 Baths6 Garage0
Bldg Size4 sq. ft

Property Description

The Saadian Investment Group is pleased to offer the opportunity to acquire this turn-key six (6) unit multifamily investment opportunity. The subject property consists of three (3) individual buildings constructed of wood frame and stucco, built in 1924, and fully updated/remodeled throughout in 2020, with approximately 4,218 rentable square feet on a 6,408 square foot lot. The investment is comprised of individual bungalow style units, consisting of six (6) 1-bedroom + 1-bathroom units. The Property is 100% occupied, separately metered for gas & electricity, and cash flows extremely well at $9,684/month. Expenses are extremely light as the tenants pay for trash, gas & electricity.

The property offers residents a highly desirable location, situated less than one mile from the University of Southern California, just West of the 110 Freeway between Western and Normandie.

Property Status: For Sale

Location

1344 W. 39th Street, Los Angeles, California 90062

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