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Apartment - Los Angeles, CA
We are pleased to present this well-maintained 10-unit asset delivering exceptionally high day-one cash flow, with an over 9% CAP rate and an ultra-low 7.14 GRM—a true turnkey, low-touch investment. The property is fully occupied, providing immediate income with no lease-up risk. Many units are updated, all are separately metered with individual water heaters, and RUBS can be easily implemented to further boost returns.
Built in 1958, the building offers 6,336 sq. ft. of rentable space on an oversized 8,847 sq. ft. lot, with an ideal mix of four (2BR/1BA) and six (1BR/1BA) units. Recent upgrades include a new roof (May 2025), fresh exterior paint, and a clean SCEP inspection guaranteeing no reinspection for years. Ten on-site parking spaces enhance tenant appeal.
Located in a high-demand Los Angeles corridor with excellent freeway and transit access, this property offers strong in-place in...
Located in a high-demand Los Angeles corridor with excellent freeway and transit access, this property offers strong in-place income, minimal expenses, and stable operations—a rare chance to acquire a high-cash-flow, turnkey asset in a prime rental market.
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