Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled and vacant, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.
Features
8 bedrooms
4 bathrooms
crop_free8469 sq. ft. lot size
cottageMulti-Family
Happy sellers in Los Angeles
~%
We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.
Local market activity for 8 bedroom multi families in Los Angeles
Sold
For Sale
View the listing for inspection times, agent contact details, and more.