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Courtesy of: Re/Max Olson Estates, Farzad Khorshidian
Listing Sold By: Real Property Management Choic
Local Realty Services Provided By: Keller Williams Realty Los Feliz
/ CA / Los Angeles / Florence Central / 333 W 74th Street
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/ CA / Los Angeles / Florence Central / 333 W 74th Street
333 W 74th Street, Los Angeles, CA 90003
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/ CA / Los Angeles / Florence Central / 333 W 74th Street

333 W 74th Street, Los Angeles, CA 90003

Estimation provided by Keller Williams Realty, LLC.
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Closed
Sold
Open House:
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Property Description

12.9% cap rate on proforma with 20% down payment!!! Fantastic investment opportunity to own FOUR SEPARATE bungalow style homes in a high demand area of Los Angeles with 4 parking spaces! Spacious 1+1 units Centrally located and minutes away from Downtown LA, Staples Center, newly built USC soccer stadium! Great low maintenance building perfect for an owner user or investor who is looking to add to their portfolio. Property can be delivered with ONE vacant unit or fully rented with $5,561 total monthly income with 7% Cap Rate with current rents and GRM of 10. Proforma rents have a potential of a 7.7% cap rate. Great upside potential and If you finance with 20% down those cap rates will increase to almost 13+% Cap Rate on Proforma to maximize your investment! Each unit has their own individual gas and electric meters. Great location and close to freeways, Downtown LA, USC and more!

Property Details

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Overview
Property Type
ResidentialIncome
Year Built
1922
Days on Site
1,784 Days
HVAC
WallFurnace
Parking
4 Parking Spaces
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Activity History

VIEWS
SAVES
SHARES
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Upcoming Open Houses
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Estimated Monthly Payment

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Credit Score
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Nearby Schools

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Transit & Commute

Estimated commute times from Florence Central
Car-Dependent Walkable Very Walkable
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