4 Unit Property for sale by Owner
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8 BR, 4 BA
North Hills, CA
Tremendous 4 Unit investment opportunity in the North Hills area. The owner is retiring. All units are 2 Bedrooms and 1 Bath with 1 car garage each. Current rents are month to month and are below market. There is plenty of room for future rent increases. Tenants are all current and up to date in rent. The tenants pay for electricity and gas. There is a laundry room at the rear of the building. This area is close to shopping, restaurants, groceries, and public transportation. There is a large community park across the street where families play and gather around in the afternoon. Tenants are aware that the property is for sale. Drive-by only or feel free to look around but please do not approach and speak to the residents. Interior inspection after an offer is accepted. The property just recently passed the City of Los Angeles Code Enforcement Inspection on April 12, 2022. The building size is 3,348 sq. ft. and the lot size is 6,885 sq. ft. The total gross annual rent is $57,816. REALTORS, PLEASE DO NOT CALL FOR ANY LISTING SOLICITATIONS. (Address will be available once the caller is verified as not a spammer).
Multi-Family Residences for Sale
3,348 sq. ft.
For sale by:
May 12 on Oodle