1344 W. 39th Street,
Los Angeles, California 90062
$1,550,000
Property Details
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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