Sold $725,000 - 4-Plex
Here is a really good income property to add to your portfolio that will give you good cash flow and also should appreciate very nicely over time. It could also be a great property to live in one of the nicely rehabbed units and rent the others, and end up living with almost no monthly payments. Two of the units have been remodeled to a very high standard. They both have washer/drier hookups. There is a parking space in the rear for each unit. The upper right unit has its own large balcony. Lower right unit has its own private yard space. The tenants are very ‘low maintenance’ (there has not been a repair call in many months.) and the systems are in good shape. Property is walking distance to shops and restaurants on Figueroa as well as Metro Gold Line, yet is far enough removed to be very quiet and peaceful.