3737 Whiteside St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25094056
Bedrooms 10
Lot Size 4,783 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Built in 1958, this well-maintained multifamily property offers a desirable unit mix of two 2-bedroom/1-bath and two 3-bedroom/2-bath units, on a 4,783 SF lot zoned LCR4*. With low operating expenses and easy management, this asset presents a strong investment opportunity at a 10.04 GRM and a 7.84% cap rate, based on the current monthly rental income of $11,620. An upcoming 4% rent increase offers additional upside potential.** Ideally located just 1.9 miles from USC and East Los Angeles College, and approximately 2.2 miles from the Soto Metro Station, the property benefits from both tenant demand and excellent transit accessibility.
Built in 1958, this well-maintained multifamily property offers a desirable unit mix of two 2-bedroom/1-bath and two 3-bedroom/2-bath units, on a 4,783 SF lot zoned LCR4*. With low operating expenses and easy management, this asset presents a strong investment opportunity at a 10.04 GRM and a 7.84% cap rate, based on the current monthly rental income of $11,620. An upcoming 4% rent increase offers additional upside potential.** Ideally located just 1.9 miles from USC and East Los Angeles College, and approximately 2.2 miles from the Soto Metro Station, the property benefits from both tenant demand and excellent transit accessibility.
Location
State CA
County Los Angeles
Area Los Angeles (90063)
Zoning Assessor
Building
Lot Description Curbs,Sidewalks
Story 2
Others
Monthly Total Fees $82
Acceptable Financing Cash
Space Rent $2,320
Listing Terms Cash