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808 West 163rd Street

Los Angeles CA 90247

4
4
6878 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This prime 6-unit multifamily property consists entirely of 6- one-bedroom/ one-bathroom units and one ADU consisting of 400 additional Sq. Ft. , offering a highly desirable and strong rental market. The property is individually metered for gas and electricity & with separate hot water heaters helping keep expenses down for owners. Tenants pay utilities. 3 parking spaces in back of property plus tons of street parking. Situated near the 405 and 110 freeways, this asset benefits from excellent commuter access and strong tenant demand. The building presents significant upside potential through rental growth and possible remodels, making it an ideal acquisition for an investor seeking a value add opportunity. A rare opportunity to acquire a well positioned multifamily asset in a strong rental market!

Features

4 bedrooms
4 bathrooms
6878 sq. ft. lot size
Multi-Family

Property history for 808 West 163rd Street

2018
Sold
$975,000
18 Sep 2018 by Jonathan Nikfarjam, of CBC Advisors

Happy sellers in Los Angeles

95%
95% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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Local market activity for 4 bedroom multi families in Los Angeles

In the last 12 months, 1 four-bedroom multi family similar to 808 West 163rd Street, have been sold.

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