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5 Units in Lynwood/Los Angeles
Listing Price: $1,250,000 NEGOTIABLE
Property Size: 4,922 SF
Current ROI before expenses: 7.7%
The building consists of one 3 beds 2 bath unit, and four 2 bed 1 bath units. It is located on a side street by bustling Long Beach Boulevard within walking distance to all major eateries, health centers, bus stops, businesses, and elementary/high schools. All tenants are currently on month-to-month leases which makes this perfect for investors looking for healthy cash flow with upside potential. Currently, Lynwood is free of rent control.
4 Units in Downtown Los Angeles
Listing Price: $699,000 NEGOTIABLE
Property Size: 3,100 Sqft
Current ROI before expenses: 7.7%
This 4-unit building offers upside rent potential, 2 vacant units upon closing, and separately metered units for gas and electric. Attractive layouts are offered in each of the three 1bd/1 ba units. The top floor 1 bedroom unit will be vacant at closing, and offers wood flooring throughout. The largest unit, also delivered vacant at closing, is a 2 bd/2 ba. Conveniently located in downtown LA, close to shopping, museums, Staples Center, LA Convention Center, USC, 110 and 10 Freeways and LA’s Fashion District. Aside from the central location, this property features abundant onsite, gated parking and a newer roof.
4 Units in Downtown Los Angeles
Listing Price: $1,000,000 NEGOTIABLE
Property Size: 3,569 SF
Current ROI before expenses: 8.7%
A great opportunity to own a steady cash-flow asset with a brilliant unit mix. This four unit building consist of all two bedroom units that are in move-in ready condition. Past tenants have been recently relocated to secure market rents for the new buyer. New carpet, paint, kitchen cabinets and bathroom fixtures make this a turn key investment in an appreciating area. This location is south of USC and central to major highways and stores while still being a quite neighborhood and street.
Robert is an active realtor and real estate developer with over five years of experience in residential real estate transactions representing a diverse group of buyers and sellers. Robert is a highly motivated individual who possesses a strong work ethic and is dedicated to his clients.
Born and raised in Taiwan, Robert moved to Arcadia, California at the age of thirteen. His strong interest in real estate and construction began shortly thereafter. His passion to design and build things ultimately led him to receive a Bachelor of Science degree in construction engineering from the California State Polytechnic University, Pomona.
