$1,900,000

Residential Income In Los Angeles

  • 20 Beds
  • 10 Baths
  • 6,012 Sqft
  • 11,491 Sqft lot
  • Updated: Today
  • Source:
    The MLS (CLAW)  MLS#26994359

About the Property

We are pleased to present an excellent opportunity to acquire a 10-unit multifamily investment property in East Los Angeles, offering investors an attractive combination of strong in-place cash flow, historically high occupancy, desirable two-bedroom units, and a highly convenient location. The property features 2-bedroom apartment units with plenty of onsite parking, providing a functional and ap
We are pleased to present an excellent opportunity to acquire a 10-unit multifamily investment property in East Los Angeles, offering investors an attractive combination of strong in-place cash flow, historically high occupancy, desirable two-bedroom units, and a highly convenient location. The property features 2-bedroom apartment units with plenty of onsite parking, providing a functional and appealing setup for residents. The property’s historically high occupancy demonstrates consistent rental demand, providing a solid foundation for continued income generation. From an investment standpoint, the property offers immediate cash flow with a current capitalization rate of over 7%, while the pro forma capitalization rate exceeds 11%, presenting investors with substantial potential upside. This combination of strong current returns and future income potential makes the property an attractive opportunity for investors seeking both cash flow and value creation. The property is also exceptionally well positioned for accessibility, with convenient access to the 5 and 710 Freeways, providing efficient connectivity throughout Los Angeles County. Additionally, the property is minutes from Downtown Los Angeles, placing residents within easy reach of major employment centers, entertainment, dining, shopping, and cultural destinations.
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  • Property type

    Other

  • Floors

    2

  • Year built

    1958

  • Price/sqft

    $316

Features

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4228 Dennison Street, Los Angeles, California, United States View on Google Maps
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Remax Commercial and Investment Realty - Pasadena

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Remax Commercial and Investment Realty - Pasadena
California, United States
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15
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2025
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Remax Commercial and Investment Realty - Pasadena
Pasadena, California, United States
View agency profile
Last updated
Today
First listed
September 30
Listing reference
26994359
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