Income Home for Sale in Los Angeles, California

1975 S Corning Street, Los Angeles, California 90034, US

$ 5,499,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 5,499,000
  • MLS ID: 24378401
  • Property Type: Income Home
  • WEB ID: PR02826022
  • Property Status: Active
  • Lot Size: 12,612sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 5,499,000
  • MLS ID: 24378401
  • Property Type: Income Home
  • WEB ID: PR02826022
  • Property Status: Active
  • Lot Size: 12,612sqft
Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.

Additional Features

  • Wall Furnace
  • Two
  • Parking spaces: 15.00
  • Listing Status: Active
  • Listing Agent: Brice Head (lic# 01330706) of Southwest Los Angeles
  • Listing Office: CBRE, Inc. (lic# 00409987)
  • Based on information from CRISNet MLS as of 14th May 2024 at 4:34pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
Bel Air Beverly Hills Malibu