Closed | Prime West Adams 4Plex
Matt Dunfrund of Lyon Stahl is pleased to have closed 3747 S Victoria Ave, a well-maintained 3,362 SF 4Plex in Los Angeles.
This property sold for $1,067,000
This well-maintained property has been lovingly owned by the Seller for 22 years, but they’re retiring from the rental business!
Features a solid unit mix with two 2+1 Units & two 1+1 Units with 3,362 total rentable SF. The current gross income is $5,339/Mth; $64,068/Yr, and there’s approx. 32% rent upside potential here with proforma income of $7,800/mth; $93,600/yr.
Rapidly appreciating location in the heart of West Adams & just west of Crenshaw/north of Coliseum. The property is only a 0.4M (8-minute walk) from the Crenshaw/Expo metro station, which will be the key station as the metro-line expansion runs south down Crenshaw through Inglewood & into LAX eventually.
Also less than a mile from the 10 Freeway for ease of commuting; only 0.8M from the Baldwin Hills Crenshaw Plaza Mall & in a great Mid-City location with equally easy access to DTLA; Culver City/West LA & K-Town/Hollywood!
For More Information on this Property:
For More Information, Contact:
Matt Dunfrund: [email protected]