3458 W 67th St, Los Angeles, CA 90043

On the market for the first time in seven years, this property offers a rare investment opportunity for buyers and investors. Two of the four units are vacant and recently renovated, making them move-in ready. With 50% of the units available for market-rate rental upon acquisition, investors can benefit from high cash flow without the complexities of below-market tenants. This is particularly advantageous given the stringent rent control regulations in Los Angeles and potential changes in tenant protection laws. At the projected Section 8 rate of $3,000 for two-bedroom units, buyers can expect a stabilized cap rate of just under 8% with potential for positive leverage in a challenging interest rate environment. The property features modern amenities such as a remote-controlled security gate, ample on-site parking, and a convenient laundry facility, catering to contemporary living needs. Each unit, averaging 925 square feet, offers spacious layouts with in-unit heating and abundant natural light, creating a welcoming and comfortable living environment.