1344 W 39th St

We are 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.