3806 Maple Ave, Los Angeles, CA 90011

3806 Maple Ave, Los Angeles, CA 90011

Los Angeles, CA

Property Description

3806 Maple Ave is a highly desirable “Cottage Style” 4-Unit Multifamily Property accompanied with Ready to Issue “RTI” Approved Permits to add a 5th unit to the existing garage for extra income. These cottage style units function like individual homes and are a renter and owners dream. The property has a tenant-ready & beautifully REMODELED 2BD/1BTH unit ready for an owner occupier and qualifies for 30-year fixed financing at today’s exceptionally low rates. This is the perfect investment for a first-time homeowner or seasoned investor to rent out and capture great cash flow. With a 50% upside in the rents and RTI permits ready to convert existing garage to your 5th unit, the potential with this building reaches well above a 10.27% cap rate. All units have their own electric and gas meters. With a Walk score of 81, Transit score of 72, and Bike Score of 93, you can walk or bike for all your errands and take the kids to one of the three very walkable parks nearby. Minutes from USC, Downtown LA, Gilbert Lindsay Park, Exposition Park, Lucas Museum, Art’s District, The Reef, Banc of California Stadium, and LA LIVE.

Property Features

  • Sale Price: $720,000
  • Area Size: 4,568 SF
  • Year Built: 1923
  • Closing Date: January 7, 2022

Lyon Stahl Investment Real Estate

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