Just reduced by $500k. Large two story, six units BUILDING, well maintained, with tremendous cash flow , 10 blocks from Santa Monica Beach& Pier, 3rd St promenade and Maine street restaurants & shops. The property includes 2( 3bed+2 bath) units and 4 ( 2BED +1BATH ) units. 4 units have inside owner's stackable washer & dryer and A/C- wall units. The building features an additional community laundry room. 9 parking spaces ( 4 tandem spaces + 1 space , including 5 carports spaces). Property is fully tenant occupied. Inside entry with an accepted offer, DO NOT DISTURB TENANTS. One unit well below market rent/ major future rent increase potential. Rent roll and estimated financial sheet is in attached MLS documents. Space to Potentially build ADUS and increase the property cash flow in the rear of the property. MAKE AN OFFER OR CALL AGENT FOR MORE INFO.
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/05/2024 @ 11:30
MLS: 24369337
LISTED BY: Marc Chorin, Rodeo Realty - Pacific Palisades
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
