4307 S Kansas Ave, Los Angeles, CA 90037

4307 S Kansas Ave, Los Angeles, CA 90037

Los Angeles, CA

Property Description

Well maintained 4 unit property on a 6,750 Sq. Ft. lot zoned RD1.5 is a perfect opportunity for Investors or Owner Occupied. Newly remodeled 1 Bedroom/1 Bath Unit will be delivered Vacant. Located in South LA, a few blocks from USC, in an area of rapidly gentrification. This 1,777 square foot 4plex was built in 1942, and has a unit mix consisting of (3) 1 bed / 1 bath unit and (1) Single. Three our of the Four units will be delivered vacant. The building also has 4 single car garages that will be delivered vacant and assessable for ADU conversion. The entire building has upgraded Electric and Water Heaters. Property can be purchased with FHA loan.

Property Features

  • Sale Price: $1,000,000
  • Area Size: 1,777 Sq. Ft.
  • Land Area: 6,750 Sq. Ft.
  • Year Built: 1942
  • Listing Date: 6/8/2022
  • Closing Date: 7/29/2022
  • Units: 4
  • Current GRM: 12.08
  • Current Cap Rate: 6.11%
  • Market GRM: 11.74
  • Market Cap Rate: 6.17%

Lyon Stahl Investment Real Estate

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