4350 S Kansas Ave, LA, 90037

4350 S Kansas Ave, LA, 90037

Los Angeles, CA
$1,025,000

Property Description

Well maintained 4 unit property on a large 7,252 Sq. Ft. corner lot zoned C2 is a perfect opportunity for Investors or Owner Occupied. Newly remodeled 2 Bedroom/1 Bath Unit will be delivered Vacant. Located in South LA, a few blocks from USC, in an area of rapidly gentrification. This large 2,658 square foot 4plex was built in 1940, and has a unit mix consisting of (1) 2 bed / 1 bath unit and (3) 1 bed / 1 bath units. Three our of the Four units have new flooring, painting, and kitchen. The building also has 2 single car garages and 1 double car garage. The double car garage is currently vacant and assessable for ADU conversion. Property can be purchased with FHA loan.

Property Features

  • Sale Price: $1,025,000
  • Area Size: 7,252 SF
  • Year Built: 1940
  • Listing Date: April 16, 2022
  • Units: 4
  • Current GRM: 15.82
  • Current Cap Rate: 4.34%
  • Market GRM: 11.41
  • Market Cap Rate: 6.5%

Lyon Stahl Investment Real Estate

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